[Congressional Record Volume 168, Number 49 (Friday, March 18, 2022)]
[House]
[Page H3845]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             BIDEN BAILOUT RUINED RECOVERY ALREADY UNDERWAY

  (Mr. SMITH of Missouri asked and was given permission to address the 
House for 1 minute.)
  Mr. SMITH of Missouri. Madam Speaker, last Friday marked the 1-year 
anniversary of the Biden bailout bill. This $2 trillion package has 
directly led to worker shortages, billions in waste, and the worst 
inflation in 40 years.
  The Biden bailout didn't rescue our economy. It ruined a recovery 
that was already underway.
  Madam Speaker, $500 billion spent to incentivize business closures, 
lockdowns, and antiscience masking policies; billions wasted, misused, 
or repurposed for projects unrelated to the pandemic: Florida golf 
courses, checks for prisoners and Japanese citizens, trees for New 
York, libraries in the President's home State. The list goes on.
  And as a result, American families are finding it harder to put food 
on their table, clothes on their backs, and gasoline in their cars.
  President Biden sold the American people a COVID package that spent 
less than 9 percent on fighting COVID. He created a massive worker 
shortage and instigated the highest inflation in a generation. That is 
his legacy.

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