Palmer on Democrat Spending Bill Passage: “Build Back Broke Act”
For Immediate Release
Media Contact: Elizabeth Hance (202) 225-4921
Palmer on Democrat Spending Bill Passage: “Build Back Broke Act”
Washington, D.C. – Today in the House of Representatives, Democrats passed their multi-trillion dollar spending package, deceptively titled “Build Back Better.” Congressman Gary Palmer released the following statement:
“A better title for this bill would be the ‘Build Back Broke Act,’” Palmer said. “As the Congressional Budget Office has made clear, the bill will add at least $367 billion to the deficit over the next decade, and it includes a massive tax break for the wealthy that particularly benefits the wealthiest people in blue states.
Palmer continued, “The bill will further heighten the burdens of surging energy prices, especially for gasoline, natural gas, propane, and heating oil, which will put severe strains on lower income families and seniors on fixed incomes. If the inflationary impact of the bill were not enough, it even includes a natural gas tax. It also funds the hiring of 87,000 new IRS agents and eliminates the Hyde Amendment, which has prohibited federal funding of abortions. It discriminates against church-run and other faith-based childcare providers, undermines parental control of children’s education, further reduces American energy independence, and would provide amnesty for millions of illegal immigrants.
Palmer concluded, “Ultimately, because of the process, the American people will not know everything that’s in this bill until it’s too late, because no one has had time to read it. But the portions we have read make it crystal clear that this bill will increase inflation and do great harm to our economy and our fiscal stability. The Democrats persisted in pushing this bill through, despite the warnings of former Obama Administration economists, including Steven Rattner, who said, ‘How could an Administration loaded with savvy political and economic hands have gotten this critical issue so wrong?’ The American people deserve better than this.”
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