On the recordNovember 2, 2021
Mr. President, I am forcibly reminded that the definition of ``insanity'' is the doing the same thing over and over again and expecting different results. What exactly do Democrats think is going to happen to inflation if they pass this $1.75 trillion legislation? Do they think that if one round of excessive government spending triggered inflation, another round of excessive government spending is going to cure it? Do they think that dumping more fuel into an already overheated economy is somehow going to put out the inflationary fire? If they do, they have got another think coming. The only thing Democrats' latest spending spree is going to do is make our inflation problem worse. We are already looking at serious inflation lasting well into next year. Add Democrats' Build Back Better spending spree to the mix, and we could be looking at a very, very long period of inflated prices and reduced spending power for American families. Democrats were warned that their March spending spree could spur inflation; they passed it anyway. So I don't have a lot of hope that Democrats are going to heed concerns about inflation, even coming from their own economists, when it comes to their current tax-and-spending plan, but I and every other Republican will stand firm against this reckless tax-and-spending spree and will continue to urge our Democratic colleagues to rethink their spending agenda before inflation soars out of control and American families have to suffer the consequences.…





