[Congressional Record Volume 167, Number 198 (Monday, November 15, 2021)]
[Senate]
[Pages S8068-S8069]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Government Spending
Mr. CORNYN. Mr. President, I am sure I am not alone in expressing
concern for what the next few weeks in the runup to Christmas are going
to look like, and certainly the Senate and the Congress have not
operated as a well-oiled machine, to be sure.
Back in September, when the Senate should have passed a group of
bills to fund the government for the next year, we saw the can get
kicked down the road.
Last month, when our Democratic colleagues, the majority, had ample
time and a clear roadmap to raise the debt ceiling, they punted and
really depended on 11 of us on this side of the aisle to avoid a threat
to the full faith and credit of the United States.
Despite a strong push from both the distinguished Presiding Officer,
the chairman of the Armed Services Committee, and the ranking member,
the majority leader has so far refused to bring up the National Defense
Authorization Act even though it has been ready for months. I am hoping
that will change this week. I am advised that it will change and it
will be taken up.
These are not necessarily lofty goals we are talking about. We are
talking about the bare minimum when it comes to doing the work of the
Nation: funding the government, paying our bills, strengthening our
military. But none of these basic responsibilities have been
accomplished yet.
These delays weren't out of necessity. After all, the Senate hasn't
been debating and voting on important legislation--just a series of
nominations and dead-on-arrival messaging bills.
With such a long yearend to-do list, our colleagues on the other side
of the aisle, who control the agenda, don't have a lot of time. The
Senate is only scheduled to be in session for 2 weeks before government
funding expires, and there is just another additional week of scheduled
legislating before the end of the year. You would think that would mean
it is time to buckle up and start checking off these high-priority
items, but our Democratic colleagues believe they have an even more
important job. Forget the millions of government employees who would be
left without a paycheck before the holidays or the economic crisis that
would cripple our country if we defaulted on our debts or the
servicemembers and their families who deserve a pay raise; our
Democratic colleagues, the majority, are devoting all their time and
agenda to a spending spree and the largest tax increase in American
history, which apparently is the top item on the House agenda this
week.
The size and scope of this bill has changed a lot over the last
several months. The chairman of the Budget Committee, the Senator from
Vermont, initially floated a $6 trillion spending spree and tax
increase. It was later ostensibly pared back to $3.5 trillion, and now
our colleagues claim it would cost a mere $1.75 trillion--hardly a
bargain and certainly hardly for sure when it comes to the amount of
spending and taxing because, until the bill is finalized and the
Congressional Budget Office has time to score it, we don't know
actually how much this beast of a bill will actually cost.
But the budget experts at the University of Pennsylvania's Wharton
School of Business say that the Democratic proposal has been
dramatically understated in terms of its cost and its scope. Indeed,
the folks at the Wharton School say the ultimate cost of this bill is
really somewhere on the order of $4 trillion--more than double the
amount that the advocates for this bill have stated.
The Committee for a Responsible Federal Budget concurs. They estimate
the true cost of the bill would double to almost $5 trillion over 10
years because of arbitrary sunsets and expirations and other
gamesmanship when it comes to this expensive government proposal. That
is a whole lot more than the President's promise of zero dollars in
cost.
The President continues to insist that this bill costs nothing, but
the American people are not deceived. They understand, when you talk
about $1.75 trillion or $4 trillion, that somebody, somewhere, is going
to have to pay for it; hence, the largest tax increase in American
history.
Then there is the so-called temporary nature of some of these
government programs. This is all designed to mislead the public and
Congress into thinking these bills are cheaper than they actually are.
As President Reagan famously said, ``Nothing lasts longer than a
temporary government program.''
Despite the lofty promises that have been made, millionaires and
billionaires won't be the only ones footing the bill for this spending
spree. In fact, one of the last-minute provisions would actually give
the ultrawealthy a tax cut, and that is from our Democratic colleagues.
One of the latest additions to the bill allows blue-State millionaires
and billionaires to pay less in Federal taxes. A former economic
adviser to President Obama and current Harvard professor described this
provision as ``even worse than [he] had feared.''
Under this tax break for millionaires and billionaires, nearly two-
thirds of those making more than $1 million would get a tax cut. So we
are not just talking about a few bucks; the wealthiest Americans would
save an average of $16,800 next year alone. The party that talks about
the need to tax the rich is actually plotting a massive tax cut for the
rich.
While this bill will help the wealthiest Americans pay less in
Federal taxes, it will ensure the middle class actually ends up paying
more. Dating back to the campaign trail, President Biden has repeatedly
said that ``if you make under $400,000 a year, I will never raise your
taxes one [cent].'' His Treasury Secretary has made the same pledge,
and the White House Press Secretary has restated this commitment again
and again and again.
Well, I understand why the White House is so concerned about this
huge tax increase, but the more we learn about this bill, the clearer
it becomes that the middle class will be required to help foot the bill
for this spending bonanza. The nonpartisan Joint Committee on Taxation
found that significant numbers of families will see their taxes
increased under the plan. In 2027, well over half of taxpayers earning
between $75,000 and $100,000 will be paying
[[Page S8069]]
more in taxes under this proposal. That is a violation of President
Biden's promise that families earning less than $400,000 will not pay a
single penny more in taxes. You just can't reconcile those two
positions.
That is only the beginning of the mounting costs this bill creates
for hard-working American families and my constituents in Texas. The
so-called free childcare in this bill will end up costing many families
a lot of money. A left-leaning think tank found that middle-class
families could pay up to $13,000 more a year for childcare. That is not
a price increase on the top 1 percent; that is for people who earn more
than their State's median income, which in Texas is just under $62,000.
It is hard to imagine a family who brings home $62,000 a year being
able to absorb another $13,000 in childcare expenses.
Then come the mounting energy costs. We all know, when we go fill up
the tanks of our vehicles, that gas prices are up more than 60 percent
from 1 year ago, and this year, energy bills are expected to soar by as
much as 54 percent. Our Democratic colleagues, by pushing so much money
out the door, chasing so many limited goods and services, are pushing
for policies that will actually exacerbate inflation and make these
prices climb even higher.
Specifically, they want to attack the fossil fuel industry by
imposing a so-called methane fee on gas companies and resurrect an
excise tax on each barrel of crude oil. But these price increases won't
just be absorbed by the companies that produce oil and gas; this will
be an expense that is passed on to customers. If families are
struggling to cover their transportation costs today, they will be up
the creek without a paddle once these new taxes and fees go into
effect.
The cash grab does not end there. This bill would also require hard-
working Texas families to subsidize the cost of our colleagues'
preferred green initiatives. It provides hundreds of billions of
dollars in so-called green subsidies for massive corporations to become
eco-friendly. That is right--our Democratic colleagues are proposing
more subsidies for corporations, as if Fortune 500 companies need
taxpayer assistance to go green.
Wealthy Americans earning hundreds of thousands of dollars each year
could receive up to $12,500 in taxpayer assistance if they buy an
electric vehicle. Unfortunately, this also includes a little bit of
cronyism in it because our Democratic colleagues are making sure that
their party's most loyal supporters reap the benefits of this taxpayer-
backed handout. The electric vehicle tax credits are even more generous
if the car is made in a union shop even though there is no evidence
that these vehicles are somehow better for the environment.
We all know what is happening here. It is all too clear. But, again,
hard-working American families will be the ones footing the bill for
these tax credits that disproportionately benefit the wealthy and
organized labor.
To help cover the sky-high price of this bill, our Democratic
colleagues want to ensure that Uncle Sam will be able to squeeze each
and every penny possible out of middle-class families and small
businesses. This bill gives the Internal Revenue Service, which has
been notorious for its abuse of power, even more money and more
authority. This bill would give the IRS $80 billion, more than half of
which will build an army of auditors to poke and prod working families'
finances. Instead of building back America, this builds up the
bureaucracy, much to the detriment of Texas families. After all, it is
going to take a lot of taxpayer money to pay for President Biden's
zero-dollar bill.
This reckless tax-and-spending spree is not what our country needs,
particularly not at this time, Mr. President. Families don't want an
even bigger government that reaches deeper into their pockets and
exerts more and more control over their daily lives. They want the
freedom to make their own decisions for themselves and their families
and the opportunity to succeed based on their hard work. That is not
what we are seeing today from the national Democratic Party.
Our Democratic colleagues' bill takes steps toward Medicare for All
by harshly penalizing States that didn't expand Medicaid. When the
Affordable Care Act mandated a Medicaid expansion, the Supreme Court of
the United States characterized that as a gun to the head for the
States and said that was unconstitutional. But we know that Medicare
for All will discourage medical innovation by slapping arbitrary price
controls on things like prescription drugs.
It turns the IRS into the government's No. 1 welfare Agency by
extending no-strings-attached welfare checks into perpetuity. It
proposes the highest income tax rate in the developed world. It gives
Washington bureaucrats unprecedented power to punish States that fail
to meet arbitrary climate mandates. It forces hard-working taxpayers to
cover the bill for another unnecessary partisan spending spree.
This far-left turn is not what the American people thought they were
voting for in 2020, and, frankly, it is members of the President's own
party who are beginning to tap the brakes in resisting this huge
government expansion and huge spending spree, which will do nothing to
address the rising concern of inflation in the country.
So we are simply not going to join our colleagues in voting for this
reckless tax-and-spending spree, and we will continue to do everything
we can to expose the components of this bill because, frankly, I think
the more the American people learn about what is in the bill, the less
likely they will be to support it.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll, please.
The senior assistant legislative clerk proceeded to call the roll.
Mrs. BLACKBURN. Madam President, I ask unanimous consent that the
order for the quorum call be rescinded.
The PRESIDING OFFICER (Ms. Duckworth). Without objection, it is so
ordered.
Sergeant First Class Sean Cooley and Specialist Christopher Horton
Congressional Gold Star Family Fellowship Program Act
Mrs. BLACKBURN. Madam President, last week, the Senate passed the
Sergeant First Class Sean Cooley and Specialist Christopher Horton
Congressional Gold Star Family Fellowship Program Act.
I would like to thank my colleagues on both sides of the aisle who
lent their support, because creation of this program was a long time
coming.
I have spent the past few years working with and talking with Gold
Star families, and the one thing they have consistently told me is that
they want a more powerful voice here on Capitol Hill.
This legislation will create a Senate fellowship program open only to
Gold Star family members. These fellows will have the opportunity to
come to Washington, at no cost to their families, and work within the
system our servicemembers work so very hard to defend.
And, Madam President, we thank you for your service in defense of
this Nation.
Just as we here in the Senate are bound together by a duty to serve
the country, Gold Star families are also bound together by a common
thread of loss, grief, sacrifice.
It has been my privilege to work with so many of them, and I hope
that these fellowships will create a renewed sense of healing and
purpose in the hearts of those who come to work with us here in
Washington.