[Congressional Record Volume 167, Number 49 (Tuesday, March 16, 2021)]
[Senate]
[Pages S1547-S1548]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Budget
Mr. BARRASSO. Mr. President, I come to the floor to talk about
President Biden's runaway spending proposals.
Of course, as a conservative Republican, when I look at this thing, I
have to say: Wait a second. This is not something that I can support in
any way.
We have a 50-50 Senate here in the United States. The Democrats have
won a narrow margin in the House, but the Democrats in Washington are
acting like they have won in a landslide and have a national mandate.
They do not. If there is any mandate when you have a 50-50 Senate and
when you have such a narrow range in the numbers between the
Republicans and the Democrats in the House, you would say it is a
mandate to move to the middle. That is what the American people voted
for. They said: Let's get to the middle. Let's find solutions to move
our country forward.
It does seem, to me, what the Democrats are doing is an unprecedented
overreach. The Democrats have only had control in Washington for about
a month and a half, and it has already cost the American people $1.9
trillion. It is an astonishingly large figure. It was supposed to be
for coronavirus relief, but 1 percent of the money went for vaccines,
and only 9 percent went to actually fighting the coronavirus. Yet,
before they passed the bill, that is what the Democrats said it was
for. It does seem to be the oldest page in the Democratic playbook.
We all remember the old ObamaCare bill and debate and discussion.
They said it was a tax. When they needed votes in Congress, they said
it wasn't a tax. Then they realized they were going to lose in court,
and they said it was a tax all over again. Well, we have seen the same
playbook here. They said we needed more coronavirus relief, and then
they passed this liberal wish list. Once they had the votes, they
admitted the bill was not about coronavirus medical relief, healthcare
relief or vaccines or fighting the disease. No--a liberal wish list.
Now, don't just take my word for it. The Democratic majority leader,
standing right there, called it a ``turning point'' that transforms the
United States. The White House Press Secretary called it the ``most
progressive bill in American history.'' One Democratic leader in the
House called it an ``ideological revolution.'' I guess they forgot it
was supposed to be about the coronavirus. It doesn't sound like
coronavirus healthcare relief to me.
After the bill passed, Speaker Pelosi admitted this was the same bill
that she put forward last summer. Back then, the New York Times looked
at it and called it ``more a messaging document than a viable piece of
legislation.'' POLITICO called it a ``Democratic wish list filled up
with all the party's favorite policies.''
This was never a coronavirus relief bill. They used the coronavirus
to cover the payoff to all of the most powerful people in the
Democratic Party: $85 billion to union pension plans, irresponsibly
run; $26 billion for California Gavin Newsom; $12.5 billion for New
York and Governor Andrew Cuomo; a big payoff for teachers unions and
potentially millions for Planned Parenthood.
President Biden signed the bill, and then he gave a speech a few
hours later. In effect, he admitted the bill doesn't get us 1 day
closer to reopening our country. This is what this was supposed to be
about--getting kids back to school, getting people back to work, and
getting the virus behind us. President Biden said ``there is a good
chance'' that small groups of people can get together outside in July.
Well, he said, ``that doesn't mean large events.''
The Democrats spent $1.9 trillion, and, once again, they moved the
goalposts. Congress has already paid for enough vaccines for every
American to get vaccinated by the end of May. The Centers for Disease
Control and Prevention says that getting vaccinated means getting your
life back. This is what they told us. It means you can have indoor
gatherings without masks. America needs to be fully open before the
Fourth of July.
The Democrats haven't even finished their victory lap over the
spending bill, and they are already telling us they want more. Here are
just a few examples of what they propose to do, not with their money
but with the American people's money--the taxpayers' money, the hard-
earned dollars of the people who go to work every day and send their
tax dollars to Washington.
In their $1.9 trillion wish list, the Democrats tried to double the
minimum wage by Federal mandate. They failed, but they are going to
keep trying.
Now, of course, the Office of Management and Budget, which took a
look at this thing, said: Well, if they had succeeded, it would have
forced 1.4 million Americans who have jobs right now to be out of their
jobs because, when you mandate a doubling of the minimum wage, small
businesses are either going to have to close or lay off certain people
so they can pay the wages to others in an effort to keep the doors
open. It means less tax revenue overall for the country, and it means
more spending for unemployment insurance. If you add it up, it would
increase the national debt by about an additional $54 billion.
In their $1.9 trillion wish list, the Democrats also wrote a big
check to the teachers unions.
Now, they actually didn't need the money because, in the five
bipartisan coronavirus bills that we have passed in overwhelming
majorities, we sent schools $113 billion. The schools haven't even
spent most of that money yet. In fact, they have only spent about $16
billion of the $113 billion. There is almost $100 billion yet to spend.
On top of that, the Democrats have just put up another $170 billion in
their wish list. If you add it up, that is nearly $270 billion to spend
with no promise--none--to reopen the schools.
The Democratic leader wants to forgive $1 trillion in student loans.
Subsidizing student loans just lets colleges raise prices. That is
exactly what would happen if Leader Schumer's plan were to become law.
Colleges don't need to raise prices. They need to lower the cost of
education.
Senator Sanders has an even more radical proposal. He wants to
forgive
[[Page S1548]]
all Federal student loans, and that would cost $1.6 trillion. Forgive
them all. Just forgive all of the loans. It doesn't matter. Rich or
poor, forgive all of the loans. Well, that would drive up the price of
tuition even higher. If it allows colleges to get the money directly
from the Federal Government without having to go through the students,
the costs will escalate dramatically.
Let me remind my Democratic colleagues that most Americans don't have
college degrees. Yet, under the Democratic plan, all taxpayers--all
taxpayers--would have to pay for the college tuitions for all of the
students, including those who have families who can clearly afford to
pay the tuitions to the colleges which they attend. It doesn't matter.
If you go to the most exclusive college or if you go to your State
college, if you have a debt, we are going to get rid of it, says the
Democratic proposal, and the hard-working taxpayers of America are
going to be stuck with the bill. Count me out on that one.
The Democrats want to take tax dollars from people who don't have
college degrees or who never went to college and give it to the
leftwing professors at so many universities, and this is wrong.
President Biden also wants to double down on ObamaCare. He thinks
ObamaCare didn't go far enough. According to one estimate, President
Biden's healthcare plan would cost about an additional $2.25 trillion.
These are astronomically large figures. His housing plan would cost
$640 billion. The Democrats have proposed another $2 trillion in
infrastructure spending. One Democratic Senator even called for
doubling that amount--$4 trillion in new infrastructure spending.
This is just the tip of the iceberg. I could go on and on. If you add
up all of the new spending proposals by the Democrats and the White
House and the Senate, it could cost nearly $12 trillion. By the end of
this year, the national debt is going to be bigger than our economy,
and we have the biggest economy in the world. Even before the Democrats
passed their wish list, we were on track this year to have the second
biggest deficit since World War II.
When the Democrats increase spending, we know what is next--massive
tax increases on the American public. We heard it yesterday in the
news. It was in the headlines. That is President Biden's plan--the
first major tax increase in 28 years. He is proposing the biggest tax
increase since 1993. He wants to raise taxes on businesses and on
families, and he even wants to resurrect the death tax. Let me remind
President Biden what happened after 1993. A year later, the Republicans
took back the House and took back the Senate.
The 2020 elections were close. The American people didn't vote for
this radical agenda, and it is a radical agenda. They didn't vote for
$12 trillion in new spending and new taxes with increased tax rates and
increased taxes on long-term investments like your home and increased
taxes like the death tax--oh--and more money for the IRS so it can send
agents to investigate the American public even further.
I would urge the Biden administration and my Democratic colleagues to
listen to the people and to the people from whom I hear every weekend
in Wyoming. It is time to put down the credit card. It is time to stop
the spending spree. It is time to move to the middle to solve
problems--that would be best for our Nation if we would address them--
for the people of this great Nation.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. GRASSLEY. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered