On the recordFebruary 26, 2021
We are here today because Washington Democrats have gotten together and decided to use a global pandemic as an excuse to check a few items off their progressive wish list. They want to reward their political allies at the expense of America's working class. If this bailout is about crushing the virus, then why does less than 9 percent actually go towards putting shots in people's arms? If this bailout is about quickly reopening our schools, then why is less than 5 percent of the money for schools going to be spent this year? If this bailout is about helping workers and families, then why does this plan continue to incentivize Governors to keep small businesses shut down? Why does 25 percent of all spending go towards policies that will kill jobs and reduce hours worked? Simply put, this is the wrong plan at the wrong time for all the wrong reasons. It is the wrong plan because Americans living on fixed incomes, including 31 million seniors who are on fixed Social Security, will be forced to pay more out of pocket to buy food, put clothes on their backs, and to keep the lights on. Seniors will now have to decide to turn on heat or pay for the needed medication. It is the wrong time because Democratic economists and the Congressional Budget Office are warning that this spending isn't needed and that, by the middle of the year, our real GDP will have recovered and we will have our largest economic growth in 15 years.…
Source
govinfo.gov




