Political Quotes

“I thank the Republican leader, the gentlewoman from Texas (Ms. Granger). Mr. Speaker, today, the national debt is a higher percentage of GDP than it has ever been. Our national debt threatens to burden future generations and limit our prosperity. After spending $5 trillion in the last year--$3.6 trillion of which was bipartisan for COVID relief--it is time to address this very serious issue. This Democrat majority, however, has rushed headlong toward excessive and unnecessary spending. Working families are already feeling the impact of the $1.9 trillion spending bill that continues to drive record inflation. Now Democrat leadership is moving forward with an outrageous $3.5, maybe $4.5, maybe $5 trillion tax and spending spree, which is not only the single largest bill ever brought before Congress--spending bill, that is--it is also the largest tax bill. It is also the largest anti-domestic energy bill. It is also the largest entitlement bill. And it is also the largest amnesty bill ever. The only thing that got cut from this was the $1 billion, which was somewhat explained, from the Iron Dome funding for defense of our ally Israel. Mr. Speaker, the bill would actually limit private-sector growth, which is the source of the revenue--the golden goose, if you will--and would reduce GDP as debt crowds out any benefit spending would have. This comes from a report from the Wharton School of Business.…”