Build Back Better Act

Floor Speech

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Mr. McCLINTOCK. Mr. Speaker, the Democrats printed and spent trillions of dollars we didn't have, and they unleashed the worst inflation in 40 years. They waged war on capitalism and the energy industry and produced an economic recession.

Now, they are doubling down on these foolish policies. The more that some people invest in their mistakes, the less willing they are to admit them.

They are adding 87,000 new IRS agents--that is larger than the entire population of Flint, Michigan--in order to collect $200 billion in new taxes, mostly from middle-class families and shopkeepers who don't have the resources to contest expensive audits.

They are adding $300 billion in new corporate taxes, which will be passed on to families as higher prices, lower wages, and lower returns.

All of this is to give away three-quarters of a trillion dollars more of your earnings to their green energy cronies and other political supporters. That averages about $6,000 per household.

Just as you cannot drink yourself sober, you cannot spend your way out of inflation, or tax yourself out of recession, or borrow your way out of debt. Yet, that is exactly what the Democrats claim they can do. What makes them think socialism will work any better here than everywhere else in the world that it has been tried?

This bill takes our country further into this dismal future, and only more suffering and poverty will come of it.

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