Fiscal and Economic

It is time we spend taxpayers’ money as carefully as they spend what they have left after we’ve taxed them into debt.  This bill falls short of that responsibility.

The looming railroad strike would cause significant short-term damage to the economy: supply chain disruptions, price spikes, shortages, all in time for the Christmas holidays.  But this measure would cause significant long-tern damage, by asserting government fiat into what should rightfully be terms freely negotiated between employers and employees.  The terms of this agreement are certain to produce significant and permanent price increases on consumers by dramatically increasing the cost of shipping everything that travels by rail.  Above all, this crisis argues for removing the compulsive nature of forced unionism and to restore the fundamental right of individuals to make their own decisions and negotiate terms that to them are most advantageous to their needs.  Twenty-six states have right to work laws and they tend to be those with the most prosperous economies and standards of living.  It’s time to implement the same reforms nationally.

The American people have entrusted Republicans with the House majority at a time of unprecedented fiscal peril for our country: 40-year high inflation, economic recession, and an approaching debt crisis – all driven by the most reckless spending in our nation’s history. And history is screaming this warning: nations that bankrupt themselves aren’t around very long. Republicans must reclaim the mantle of fiscal integrity and fiscal responsibility. A good place to start would be to renounce the tawdry practice of congressional earmarks, in which individual members insert provisions in bills that direct spending to pet projects in their districts or to favored supporters, bypassing merit-driven competition. The House Republican Conference will consider just such a proposal when Congress returns after Thanksgiving.

Republicans must reclaim the mantle of fiscal integrity and fiscal responsibility – and we should start by renouncing the tawdry, corrupt, and irresponsible practice of congressional earmarks: in which individual members direct spending to pet projects in their districts or grants to favored supporters, bypassing merit-driven competition.

The Democrats printed and spent trillions of dollars we didn’t have and unleashed the worst inflation in forty years.  They waged war on American energy and plunged us into recession.     Now they are doubling down on these foolish policies.  It seems the more that some people invest in their mistakes, the less willing they are to admit them. 

Many years ago, the last silicon chip manufacturer closed its operations in Silicon Valley because of the high tax, energy and regulatory costs of doing business in the United States.  Now we’ve suddenly decided we want them back.  Instead of addressing the problem by reducing the obstacles to domestic manufacturing, Congress will shell out $280 billion (about $2,240 per family) to bail out impoverished big tech moguls by substituting your dollars for theirs.  There’s a prevailing wage requirement to reward the unions, and just so the green left isn’t left out, there’s plenty of your money left over to finance green energy scams as well.  Starving big tech executives thank you for your family’s generous contribution to their welfare.  Good luck affording your next laptop.

The latest estimate for the Democrats’ Build Back Broke bill is $4.9 trillion, averaging $40,000 per family over the next decade.  They say its paid for.  By whom?  By you of course, through direct taxes, tax driven price increases and worst of all, inflation.  What do you get?  Amnesty for 7 million illegal aliens.   That’s the entire population of Alaska, Wyoming, Vermont, Rhode Island, Delaware, North Dakota, South Dakota and Montana – combined.