On the recordMarch 20, 2024
My friends and colleagues on the other side of the aisle brought up the Inflation Reduction Act. The fact is, that is law, and 90 percent of that money goes to billion-dollar companies in subsidies. This bill we are talking about today is about small businesses. Under this administration, the average American household is paying $11,400 per year under these policies and these regulations. That is a lot of money. Mr. Speaker, that may not be a lot of money for a President who has spent 53 years of his life in Washington, D.C. Just maybe he has forgotten what it is like to struggle in our Midwestern States. Mr. Speaker, $11,400 is the average, and I just stated that I represent the oldest and the poorest Congressional District in the State of Minnesota. That is a lot of money for my constituents and almost every American. Fifty-three years President Biden has been bloviating on Capitol Hill trying to change things and make it better. On his energy policies and his mining policies, he has failed the American people, and we all know it. We all know it. We feel it. We see it. Our pocketbooks are shrinking, and our paychecks aren't rising as fast as we want them to, and they are not keeping up with inflation. This is about small businesses. This is about not letting the unelected bureaucrats in Washington, D.C., dictate production of our natural resources. We, in Congress, have a responsibility to write legislation that will benefit all Americans.…
Source
govinfo.gov




