Senate Democrats have revived Joe Biden’s ‘Build Back Broke’ agenda – and it will only cause inflation to skyrocket further.
IT’S SIMPLE: This Socialist wish-list will do NOTHING to address the inflation that is crushing America’s families and workers, and it will only further our economic crisis.
HERE ARE THE FACTS:
Raises taxes on businesses when Americans are already paying more for just about everything.
These tax increases will be passed on to the consumer, stifle reinvestment in infrastructure, R&D, and workers, and only exacerbate the current supply chain crisis.
Allows the IRS to hire 87,000 new agents to target American families and businesses.
Implements socialist price control schemes for prescription drugs that will negatively impact seniors, patients, those with rare diseases, and their families.
Extends Obamacare subsidies—enacted under the American Rescue Plan and set to expire after 2022—for at least two more years, benefiting the wealthy and subsidizing people who already have insurance.
This expands federal spending without enacting any meaningful reform to a broken system.
Incites inflationary pressure when inflation is already at a 40- year high.
Spends $369 billion in “Green New Deal” initiatives. Americans deserve efficient, affordable, and American-made energy, yet Democrats continue to pursue policies that have doubled gas prices since Joe Biden took office and destroyed U.S. energy independence.