[Congressional Record Volume 168, Number 56 (Wednesday, March 30, 2022)]
[House]
[Page H4003]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      BIDEN'S 2023 BUDGET PROPOSAL

  (Mr. LaMALFA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LaMALFA. Madam Speaker, with Americans facing higher prices 
everywhere--at the gas pump, the grocery store, car dealership, 
clothing stores, and even at hotels--Americans are paying more 
everywhere, thanks to incredible inflation brought on by President 
Biden's plan for spending.
  Well, with the new budget now coming out, we are going to see an even 
bigger amount of deficit. American families are facing a $3,500 yearly 
inflation tax, the Biden administration wants to spend $73 trillion 
over the next 10 years--just in the budget year, not new spending, not 
COVID spending. This is what normal budgets will start to look like, 
which was $8 trillion more than what the CBO is predicting for the same 
period of time.
  Under this budget, Biden can easily add $15 trillion more to the 
national debt, which would make it $45-$46 trillion by the year 2032. 
We can't manage this. If the price of interest goes up much more, it 
will completely eviscerate our ability to do anything besides mandatory 
spending in our budget.
  More families are going to suffer and the things we care about in the 
budget that we can't control will suffer as well.

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