Opposing Trillion Spending Package

Floor Speech

BREAK IN TRANSCRIPT

Mr. PFLUGER. Mr. Speaker, I rise in opposition to the Democrats' $3.5 trillion spending spree that favors green special interests over American wages and livelihoods.

This legislative package is pushing amnesty, adds trillions to our already historic levels of debt, expands the welfare state to disincentivize work, and enacts Green New Deal policies that will drive up utility bills for Americans across the Nation and destroy our American energy industry.

Additionally, the crippling tax hikes could cost up to 4 million jobs nationwide, with the middle class and our Main Street businesses burdening much of the cost.

One proposal pushed by Democrats, the elimination of the stepped-up- basis, effectively creates a new, second death tax that would eviscerate over 1 million jobs and hurt farmers and ranchers across the country.

While some of these proposals may not currently be in the House bill, we must remain vigilant until Senate Democrats and the administration take these harmful policies off the table entirely.

Folks in my district, and I believe most Americans, do not want a top-down, one-size-fits-all, job-killing agenda that will completely reshape our society.

Everyday working-class Americans are hurting, not the rich. I will oppose any measure that results in higher taxes, lower wages, higher prices, more government control, and less economic growth.

BREAK IN TRANSCRIPT

Source