On the recordApril 4, 2025
Mr. President, very soon the Senate is going to be voting on a budget resolution that essentially accomplishes five objectives, but at least four. And one is to prevent a $4 trillion tax increase on the American people at the end of the year, No. 1. No. 2, it rebuilds our military by investing in our military readiness in a way that will enable us to deal with and deter the threats that America deals with in a very dangerous world. It will restore energy dominance for our country, making energy more affordable to the American people-- something that we saw a huge runup on during the Biden inflation days. Part of that, in a big way, was the cost of energy. Obviously, securing the border, and there are resources in there to make sure, over the course of the next 4 years of this administration, that they have what they need to ensure that our border is secure and that the American people are safe. And, finally, reducing spending. Now, I know that is a sort of a novel concept around here. We have heard a lot about, you know, massive tax cuts for billionaires. That has been a recurring theme that we have heard from the Democrats. But the one thing you don't hear a lot about is the runup in Federal spending. So tax revenues, as a general rule, have stayed very static as a percentage of our entire economy, around 17.1 percent, thereabouts. Government spending, as a percentage of our economy, has gone up and gone up dramatically. So just take a look at this chart.…
Source
govinfo.gov




