Kevin Brady: “I include in the Record a letter from American Farm Bureau who represents nearly 6 million families and American farmers…”

“I include in the Record a letter from American Farm Bureau who represents nearly 6 million families and American farmers asking us to reject passage of this bill due to inflation and how this hurts America's farmers. American Farm Bureau Federation, Washington, DC, November 16, 2021. Hon. ___ House of Representatives, Washington, DC. Dear Representative: On behalf of the Farm Bureau's nearly 6-million member families, I write to urge you to oppose the Build Back Better Act, a piece of legislation that raises taxes and spends more taxpayer money at a time our country can afford to do neither. Inflation is driving up costs across the economy, and greatly increased federal spending is a contributing factor. Federal policy choices have raised energy prices, leading to higher costs for everything from food to used cars. And yet this legislation will further exasperate that pain through a methane tax on oil and gas. The Consumer Price Index is at a 31-year high, and unlikely to reach historical norms any time soon, having risen 6.2% since this time last year. Inflation is a hefty tax on every American's paycheck. While certain funding increases or newly created programs may, by themselves, be commendable, the totality of the increased federal spending in this bill coupled with the enormously burdensome tax increases leveled on businesses and individuals to pay for it will stifle economic growth and destroy jobs.…”