Political Quotes

“Mr. President, last week, Democrats unveiled their so- called Inflation Reduction Act, a bill that will do nothing to reduce inflation but will double down on Democrats' wasteful government spending, along with imposing hundreds of billions of dollars in tax hikes--yes, hundreds of billions of dollars in tax hikes. Our economy has posted negative economic growth for the past two quarters, and Democrats think it is a good idea to raise taxes on American businesses. Perhaps Democrats think that current prices aren't high enough or that businesses aren't struggling enough with the inflation that Democrats helped create. The worst part, of course, is that a substantial part of the burden of these tax hikes will fall on ordinary Americans, Americans who are already struggling with historically high inflation, Americans who are seeing their grocery bills balloon and their rent skyrocket, Americans who are paying more than $4 per gallon every time they fill up their car. Now, Democrats are going to pass tax hikes that will hit these Americans hard--a tax hike on businesses that will almost undoubtedly result in lower growth, lower wages, and fewer jobs; a tax hike on investment--investment that we need to grow our economy and create opportunities for American workers; and tax hikes on energy production. That is right, tax hikes on energy production to the tune of $60 billion.…”