I am extremely disappointed that the $3.5 trillion budget resolution, authored by Senator Bernie Sanders and pushed by Speaker Pelosi, passed the House this week. This package raises taxes and dramatically increases government spending, disrespecting every Iowan and American taxpayer, and that is why I fought it at every turn.
This package extends government into every aspect of our lives, forcing Iowa taxpayers to foot the bill for policies they don't support. The price tag is unacceptable, with an estimated $17 trillion added to the federal debt, the next generation, and the generation after that, will be forced to pay for this reckless spending spree.
The cost of living is already at a record high thanks to excessive government spending. Spending $3.5 trillion more in dollars we don’t have will only drive prices up further and increase the inflation tax on hardworking families. Additionally, this package paves the way for the death tax, an unfair tax that would cripple family farms across Iowa and rural America.
I strongly opposed this $3.5 trillion tax and spending spree and will continue fighting the blank checkbook mentality in Washington – you work hard for your paycheck and it is critical that your tax dollars be accounted for and respected.