Mr. Speaker, my colleague across the aisle wants to paint these bills as giveaways, which is wild considering what Democrats themselves have already done. Democrats passed a so-called Inflation Reduction Act, the most poorly named bill in the history of the Congress because it did nothing but skyrocket inflation. Everyone has the proof of that in their weekly grocery bills and their utility costs. It happened on their watch. They dumped massive new spending on an overheated economy and helped drive the worst inflation in 40 years. That is just fact. That is indisputable. Despite the title, it didn't reduce any inflation, not even close. What it did was create a massive subsidy pipeline for green energy companies, all tied to the People's Republic of China. Chinese firms, ultimately answerable to the Chinese Communist Party, rushed in to take advantage of all these credits and the programs that Democrats set up. Apparently, that part has slipped their memory. When House Republicans tried to add basic guardrails to stop those subsidies from flowing overseas to China, Democrats objected. They objected loudly, not quietly. When Democrats are throwing around the word 'giveaway,' it is fair to wonder whether they have forgotten their own record or are just hoping that everyone else is focused on something else.
Nick Langworthy: “Mr. Speaker, my colleague across the aisle wants to paint these bills as giveaways, which is wild considering what…”
Editor's note · Context
Criticizing the Inflation Reduction Act and its impact on inflation during a House floor debate.
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