I rise today to join my colleagues to discuss the Biden administration's failed policies and their impact not only on my State of North Dakota but on all Americans. As we prepare to listen to the President give his State of the Union Address, I want to share my perspective about the past 3 years and where we are today. But it is not just my perspective; it is what my constituents are seeing on a day-to-day basis. They see a country that is less secure, a dollar that doesn't stretch as far as it used to, and policies from this administration that are making things worse. The reckless tax-and-spend policies of this administration have led to increases in inflation levels that we haven't seen in decades. To this day, inflation remains persistently high, and the deficit spending continues as our debt now totals more than $34 trillion. Last month, the Congressional Budget Office published its 10-year Budget and Economic Outlook, which revealed that, this year, the interest payments on our national debt will exceed the spending on national defense. In addition to rising interest payments that will crowd out our ability to fund our priorities in the future, this deficit spending has led to inflation that has made everything more expensive for all Americans. The Biden administration's tax, spend, and regulate policies have led to this inflation.…
John Hoeven: “I rise today to join my colleagues to discuss the Biden administration's failed policies and their impact not only on my…”
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