House Democrats passed Biden’s “Build Back Better” Act, which the Congressional Budget Office (CBO) estimates will add $367 billion to the deficit over the next decade. Simply put, this bill would destroy our economy as we know it and is the biggest expansion of government in our lifetime. Enacting it will only make our nation’s many ongoing crises worse, which is why I urge my Senate colleagues to stand strong and oppose this bill.
This process has been a slap in the face to every American taxpayer. The 2,000+ page bill will raise taxes, radically expand the IRS's access to Americans’ bank accounts, and rampantly spend taxpayer dollars -- and it was crafted behind closed doors with no bipartisan input.
So what will this bill do?
Expand IRS authorities to access bank account information on the vast majority of Americans to collect money to pay for the bill– not just those believed to have committed tax fraud.
Allow taxpayer-funded abortions by excluding the long-standing Hyde Amendment.
Perpetuate labor shortages by continuing welfare benefits for able bodied adults without work requirements - at a time when there are over 10.4 million job openings.
Threaten the viability of smaller, private child care providers, such as churches and community centers, from participating in child care programs due to new federal mandates.
Expand the worst parts Obamacare.
Prioritize Green New Deal initiatives by giving out tax credits to the wealthy who can afford to purchase big ticket items, such as electric vehicles.
Impose over $400 billion in small business tax hikes.
Impede domestic energy and mineral production, increasing our dependencies on resources supplied by OPEC, Russia and China.
Include a tax on natural gas, raising the costs of utility bills and placing 90,000 jobs at risk.
Increase corporate taxes by $800 billion, where multiple analyses have found that a sizable portion of the increase will fall on workers and lead to higher prices.
