OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Biden Budget Bust

Floor Speech

Date: April 4, 2022
Location: Washington, DC

BREAK IN TRANSCRIPT

Ms. FOXX. Mr. Speaker, President Biden's recently submitted budget for fiscal year 2023 is a literal dumpster fire.

His budget confirms what we have known all along: He does not have the slightest clue what fiscal responsibility means.

Right now, families are facing a $3,500 yearly inflation tax, but President Biden wants to spend a whopping $73 trillion over the next decade, a 66 percent increase over the previous 10 years. Over the next 5 years, inflation rates would increase by 2.8 percent.

In fact, this scheme would be the highest sustained government spending endeavor in American history.

Mr. Speaker, President Biden has failed to read the room yet again. The American people do not want another Biden budget bust.

BREAK IN TRANSCRIPT


Source
arrow_upward