Republican key figures join GOP chair to push $740 billion package to spend on energy and healthcarewhile raising corporate taxes Warning about the midterm elections, which gutted the Senate Democrats, would be a pain for President Biden's party.
Republican National Committee Chairman Ronna McDaniel said in her statement, "Democrats will pay the price in November for higher taxes on families during the recession." Stated.
Senate Democrats narrowly approved the Control Inflation Act on Sunday, with Vice President Kamala Harris casting her deciding vote 51-50. No Republicans supported the bill, but they were quick to denounce it when it went to the slightly Democratic House of Representatives.
This bill would put nearly $400 billion of his money into environmental initiatives, while extending expiring subsidies to his 13 million people seeking affordable health insurance. . It will also limit out-of-pocket drug costs for older people with Medicare to $2,000 annually.
Some of the $700 billion in new revenue will come from a minimum corporate tax rate of 15% on very wealthy companies that generate more than $1 billion in profits each year.
Senate Minority Leader Mitch McConnell, In a statement, said Democrat policies had led to an "economic assault on America's middle class."
"Democrats have proven time and time again that they simply don't care about middle-class family priorities," McConnell said (R-KY). "They spent 18 months proving it. They just spent hundreds of billions of dollars proving it again."
Senator Mitt Romney claimed Democrats contributed to inflation when they passed the $1.9 trillion bailout plan for America last year, ``taxing up, spending more money, and increasing the size of government.''
Instead of listening, Democrats voted for the liberal wish list,” said Romney (R-UT), and businesses are taken over by customers.
"Americans drowning in debt and inflation need life preservers, and the Democrats have given them a bag of hammers."
Senator Ted Cruz (Republican-Texas) State) denounced the bill as "giving the radical left base of the Democratic Party at the expense of middle-class Americans." He added that it would raise prices and raise taxes for most tax brackets of Americans, including those earning less than $400,000 a year.
Sen. John Kennedy (R-LA)was candid in a video he posted on his Twitter.
"To raise taxes in the midst of recession and inflation, in my judgment it takes a special fool," he said. "This is what we call stagflation, and it's what we have now as a result of President Biden's policies."
Senator Lisa Markowski (R-AK) , said they voted against the bill . This bill is to inject billions of dollars into new spending and taxes. The transparency that went into making and processing it.
, which will begin just before midnight on the 20th, Saturday, and continue until Sunday afternoon, was designed to avoid public awareness and scrutiny," she said. , but there is little doubt that the Senate should not have passed the bill, both on substance and process."
Democrats Praising the passage after the amendment was voted on Saturday and Sunday, Biden said in a statement that Senate Democrats "supported American families over special interests."
"I ran for president and promised to make the government work again for the families of the workers. That's what this bill is for. Period," he said. I was.
Senate Majority Leader Chuck Schumer (D-New York) also praised the bill.
"The Senate is making history," he said. “I am confident that the Inflation Control Act will endure as one of the great legislative achievements of the 21st century.”
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