Political Quotes

On the recordApril 5, 2022
Madam President, if a budget is a set of priorities, here are the President's: an expanded Federal Government, a diminished national defense, higher gas prices, and an open border. Those are the priorities reflected in the budget the President released last week, which contained pretty much what you would expect--more taxes, more spending, more borrowing, and, in all likelihood, more inflation as a result. Big taxes and big spending have been the agenda for President Biden since he took office. After signing a $1.9 trillion spending spree in March of 2021 that helped create the worst inflation in 40 years, President Biden spent much of last year pushing for still more spending to fund his vision of an expanded Federal Government. In his 2023 budget, it is just more of the same. The President's budget would increase average yearly spending by 66 percent as compared to the average of the last 10 years. Sixty-six percent--that is a staggering spending increase. Yearly Federal spending under the Biden budget would average $7.3 trillion. To put that in perspective, the total average spending in 2019 was $4.4 trillion. How is the President going to pay for this, if he even can? Taxes, a lot of taxes--``the biggest tax increase in history in dollar terms,'' according to Bloomberg. The President, of course, attempts to sell the tax hikes he is proposing as something that won't affect ordinary Americans. That couldn't be more wrong.…
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John Thune
Republican · South Dakota

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