Political Quotes

“Mr. President, a month ago yesterday, Senate Democrats shoved another partisan spending bill through the Senate--this one, the inaccurately named ``Inflation Reduction Act.'' I say ``inaccurately named'' because the so-called Inflation Reduction Act will do nothing to reduce inflation. That is right. The so-called Inflation Reduction Act will not actually reduce inflation. You don't have to take my word for it; the nonpartisan Penn Wharton Budget Model said this about the bill's impact on inflation: ``The impact on inflation is statistically indistinguishable from zero''--``statistically indistinguishable from zero.'' Democrats also claim that the bill will lead to deficit reduction, but that is not really true, either. In the first place, Democrats arrive at their deficit reduction assumptions using some extremely fuzzy math. A substantial part of their deficit reduction claims depend on not extending a program that they have already called for extending and on supposedly eliminating a rule that at this point was never going to be implemented anyway. But even using their rosiest assumptions, the deficit reduction they would have achieved with the Inflation Reduction Act was wiped out completely 8 days after the bill was signed by the President's costly, reckless student loan giveaway. Democrats have clearly been seeing the polling on Americans' opinion of the economy and their lack of faith in President Biden and Democrats to deal with the economic challenges we are facing.…”