[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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