More on Budget Committee
February 3, 2021 Speeches
Two Trillion dollars in revenues. Six trillion dollars in spending. This is madness. This is how countries commit fiscal suicide: force the economy to shut down and then hand out government checks. The problem, of course, is that government does not finance the economy. It is the economy that finances the government. And when you wantonly destroy millions of jobs by forcing small businesses to shutter, by cancelling construction and energy production across the country; when you flood the labor market with millions of illegal immigrants (all at a time when millions of Americans are out of work), you shut down the economy and you shut down the tax revenues that the economy produces and that the government spends.