[Congressional Record Volume 171, Number 30 (Thursday, February 13, 2025)]
[Senate]
[Page S958]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Government Funding
Mr. President, now on costs, lowering costs for average families in
the budget resolution. Well, my colleagues, ladies and gentlemen, my
fellow Americans, welcome to the age of Trumpflation--Trumpflation. If
there was one mandate that Donald Trump had after winning the election,
it was to fight inflation. Remember what he said on the campaign trail?
He said:
When I win, I will immediately bring prices down starting
on Day One.
Starting on day one, he said he will bring prices down. Well, today
is day 25, and inflation is not down but actually up by 3 percent--
higher than what economists were expecting. At the grocery store, the
price of pork and chicken and beef are all up. Eggs are up 15 percent
from last month. Gas prices are up 2 percent from last month. Used cars
are up. Auto insurance has become more expensive. And what is Donald
Trump doing about all this? He is making the problem worse by
threatening trade wars with our own allies.
Here is what the CEO of Ford Motor Company said yesterday. The CEO of
Ford Motor Company warned yesterday that ``a 25 percent tariff across
the Mexico and Canada borders would blow a hole in the U.S. industry
that we've never seen.'' That is the head of Ford Motor. That is not
some liberal Democratic economist. The head of Ford Motor says that
tariffs will blow a huge hole--a hole in the U.S. auto industry.
What he is doing on tariffs is, again, sort of like everything else.
It is sort of a meat-ax approach, a slash-and-burn approach, not
looking at each individual case and seeing what is good and what is
bad.
Inflation is the No. 1 issue on people's minds. It was the biggest
issue during the election. And already, Donald Trump is breaking his
promise to do something about it. The American people are starting to
take notice already, even though we are only on day 25 of Trump's term.
A recent CBS poll showed that 66 percent of voters do not think Trump
is focused enough on lowering prices. Sixty-six percent of voters do
not think Donald Trump is focused enough on lowering prices. And do you
know what? They are absolutely right.
In the 3 weeks that Donald Trump has been President, he has been
focused on pretty much everything but fighting inflation, which is the
No. 1 thing people care about. We have seen this maneuver so many times
before from Donald Trump. He knows that he has no real answers to
fixing inflation, so what does he do? He distracts. He distorts. He
says ridiculous and wild, strange things hoping to distract the country
from the fact he is not doing his job. It is why he talks about things
like renaming the Gulf of Mexico. It is why he is talking about hotels
in Gaza. It is why he is talking about annexing Canada. None of these
things have anything to do with the thing that matters most--lowering
the cost of living for average American families.
Meanwhile, what are the Republicans doing here in Congress? What are
my Senate Republican colleagues doing? Are they fighting inflation
maybe? No way. No way. Republicans are full steam ahead with cutting
taxes for the ultrarich, paid for on the backs of working- and middle-
class families.
Just look at the gargoyle-like budget proposal that the House
Republicans released yesterday. Republicans want to make billionaires
even wealthier by raising costs for working people. The Republican
budget slashes nutrition programs that help 40 million Americans put
food on the table. The Republican budget proposes massive cuts to
Medicaid, threatening healthcare for tens of millions of people. It
will make food, healthcare, energy, and housing more expensive--all to
cut taxes for the ultrarich, hurting the middle class, raising costs
for the middle class to help the ultrawealthy. The Republican budget
plan can be described in one word: ``radical.''
Republicans should remember well what happened the last time they cut
taxes for the ultrawealthy. It backfired with the rest of America. If
Republicans try to cut taxes for the ultrarich again, history is going
to repeat itself, and it will cost them dearly at the ballot box.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant executive clerk proceeded to call the roll.
Mr. BOOZMAN. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER (Mr. Mullin). Without objection, it is so
ordered.