BREAK IN TRANSCRIPT
Mr. CARTER of Georgia. Mr. Speaker, I thank the gentleman for yielding.
Let me begin by thanking leadership and, particularly, the chair of the Budget Committee for all of their hard work in putting this together.
Let me also say that my colleague on the other side of the aisle talks about fiscal irresponsibility. Well, if you want to talk about fiscal irresponsibility, you only need to look at the White House and what this administration has done.
Day one, they declared war on fossil fuels. You can make the argument, and a valid argument, that what has happened in our economy is a self-inflicted wound brought about by this war on fossil fuels that caused an increase in gas prices, that caused an increase in inflation, that caused an increase in interest rates and put this economy in the shambles that it is in right now.
Since the first day of the administration, this Biden administration has recklessly spent taxpayer dollars. As a result, as I say, you see inflation at record highs, stealing money and opportunities from hardworking Americans.
Our credit cards are maxed out. The gentleman talks about future spending. That is what this is about, limiting future spending. That is the conversation we are having.
BREAK IN TRANSCRIPT