Luetkemeyer Statement on Democrats’ Socialist Spending Spree
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding House passage of Democrats’ massive tax-and-spree.
“The same week 70% of Americans have described the state of the economy as ‘poor’ or ‘not so good’ and inflation sits at a 31-year high, Democrats have jammed through their enormous socialist spending bill that will only exacerbate the problem. After months of false claims from Democrats that this bill is ‘paid for,’ the Congressional Budget Office estimates it will cost U.S. taxpayers an additional $367 billon,” said Congressman Luetkemeyer.
“On top of adding hundreds of billions of dollars to our national debt, the bill also hits Americans with over $1 trillion in tax hikes, with the exception of the wealthiest individuals who predominantly live in blue states. Those people – the richest of the rich – are receiving a $285 billion tax cut.
“These are the priorities of this President and Democrats in Congress: more government control and regulations paid for by the middle class, while wealthy liberal donors in California and New York get a tax break.”
Harmful provisions include: