“This is a sad day for struggling American families and Main Street businesses. This economy is cruel enough. But by voting to turn this hoax into law, Democrats are inflicting one more act of cruelty,” Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said in closing remarks during House floor debate on the Manchin-Biden Build Back Better bill.
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Rep. Brady’s full remarks as prepared for delivery appear below.
A year ago, we met to consider another disastrous version of this bill.
Since then, American families and Main Street businesses have been facing, and continue to face, historic inflation and, now, a recession.
This bill is a hoax on the American people.
Americans who are suffering the most in President Biden’s cruel economy will soon know this firsthand.
They’ll know it because inflation will get worse, according to the Penn Wharton School of Business analysis.
Parents, sitting up at night, will notice higher taxes, fewer jobs, and lower wages, as they pay for the vast majority of any new revenue collected under this bill, according to Congress’s own nonpartisan scorekeeper.
A middle-income single mom with two kids who runs her own business will know it when she comes home from Walmart, and finds a letter from the IRS telling her she’s under audit.
Seniors and loved ones with life-threatening illnesses will arrive at the pharmacy counter and will break into a sweat when they see that they cannot afford their medicine.
Families with loved ones newly diagnosed with Alzheimer’s, cancer, or ALS, and desperately seeking treatment, will wonder whether the cure for these diseases will ever come.
The wealthy and the biggest, foreign-owned corporations will do just fine. They’re getting hundreds of billions of dollars of government handouts under this bill. After all, they get government checks paid for by the middle-class taxpayers getting squeezed.
This is a sad day for struggling American families and Main Street businesses. This economy is cruel enough. But by voting to turn this hoax into law, Democrats are inflicting one more act of cruelty.
With that, I yield back.