On the recordJuly 28, 2022
I have no additional speakers and I, too, am prepared to close. I yield myself the balance of my time. Mr. Speaker, as I said in my opening remarks, I am deeply disappointed by the process that led us here, especially over the last 24 hours. Had Democratic leadership acted in good faith, we would be having a very different discussion today. I would prefer that our bipartisan strategic competitiveness policy had not been tied to the partisan and divisive reconciliation legislation. But it would be dishonest to pretend that that hasn't been the case. And after long and careful thought for what reconciliation will mean to the economy, the expanded government, and the American people, I cannot, in good conscience, vote for the $52 billion in mandatory spending; while knowing that hundreds of billions in taxes and partisan spending are about to bulldoze us. We know the numbers, but it is worth repeating them because they are more than numbers. As someone who studied economics, I am very cognizant that these are, in fact, a representation of the daily life for families across America. Inflation has skyrocketed to 9.1 percent. Every dollar in your wallets, in your paycheck, in your retirement account, every dollar is now worth less. The next set of numbers is 1.6 and 0.9. Those are the most recent declines in our Gross Domestic Product, GDP.…





