WASHINGTON—Tonight, U.S. Representative John Rose (TN-6) spoke against President Biden's so-called Build Back Better Act, a massive multi-trillion-dollar left wing spending scheme that will harm our economy, further burden American taxpayers, and add trillions in debt that future Americans will have to repay.
The full speech, as prepared for delivery, is below:
Madame Speaker, Tennesseans and Americans throughout the country who are already hurting from higher prices, widespread shortages, and fewer choices believe President Biden's Build Back Better agenda will cause inflation to skyrocket even further.
This social spending scam BREAKS President Biden's zero cost promise. Contrary to what President Biden and his Far-Left Democratic allies have consistently maintained, this bill is NOT fully paid for. In fact, it's not even close.
According to the nonpartisan Congressional Budget Office (CBO), it is expected to add $367 BILLION to the national debt.
That's a massive amount of deficit spending that our children and grandchildren will have to pay back, but it doesn't even begin to tell the whole story. The Democrats used a long list of budgetary gimmicks to artificially lower the CBO scored deficit spending number of $367 BILLION.
The highly respected Wharton School of Business performed their own expert analysis without the budget gimmicks, and they found that the actual amount of deficit spending from President Biden's socialist Build Back Better legislation will in fact add over $300 billion to the national debt.
And Americans all across the country from all walks of life can sense how bad this bill is going to affect our economy and add to our already sky-high inflation rate.
Democrat's Build Back Better bill is not just extraordinarily costly. It's also destructive. For example, it includes:
- Mass amnesty to millions of illegal immigrants.
- An elimination of the Hyde Amendment, forcing taxpayers to involuntarily foot the bill for on-demand abortions during all parts of a pregnancy.
- Over $400 billion in small business tax hikes, which will be shouldered by Main Street job creators.
To put it simply: as radical as this tax-and-spend spree is, other aspects of this bill are just as bad.
While Far-Left Democrats and Speaker Pelosi proudly revel in the passage of this bill, it is clear they have no connection to the needs and wants of the hard-working Tennesseans who I represent nor the majority of Americans across the country.
As my colleagues and I have covered, the provisions within this bill amount to a wish list of Far-Left socialist policies that will have devastating consequences for American businesses, households, and families.
To watch the full speech, click here.
U.S. Representative John Rose is currently serving his second term representing Tennessee's Sixth Congressional District and resides in Cookeville with his wife, Chelsea, and their two sons, Guy and Sam. The Sixth District includes Cannon, Clay, Coffee, Cumberland, DeKalb, Fentress, Jackson, Macon, Overton, Pickett, Putnam, Robertson, Smith, Sumner, Trousdale, White, and Wilson counties as well as portions of Cheatham and Van Buren counties. Representative Rose is an eighth-generation farmer, small business owner, and attorney, and currently serves on the Financial Services Committee.
Original source can be found here.
