December 3, 2021
Biden, Dems want to ram trillions in spending through Congress but can't fix inflation, supply chain problems

Biden, Dems want to ram trillions in spending through Congress but can’t fix inflation, supply chain problems

Inflation simply reached a 30-year excessive. Shopper costs have elevated a daunting 6.2% in contrast to 12 months in the past. This can be a severe concern for American households as they brace for the affect it should have on their vacation season. 

You would assume that this disaster could be prime of thoughts for President Biden and his allies in Congress, but you’ll be incorrect.

TOP BIDEN ECONOMIC ADVISER SAYS $1.75T SPENDING BILL WILL REDUCE INFLATION

As a substitute of taking motion to rein in spending and shore up the supply chain, they’re working to ram trillions of {dollars} in new spending and taxes through Congress that can do nothing to deal with supply chain problems whereas including extra inflationary gas to the hearth.

President Biden has been making an attempt to shift blame to anybody but himself for his failing insurance policies that can make these problems worse. But as winter and the vacation season strategy, the American individuals will definitely discover who’s at fault. 

The White Home just lately admitted “there will be things people can’t get” this Christmas thanks to the rising supply chain disaster. Now 64% of retail executives say they’re involved about receiving stock in time for the vacations.

BIDEN’S SPENDING PLAN COULD COST NEARLY $5T IF MADE PERMANENT, ANALYSIS SHOWS

On prime of retailer cabinets devoid of presents, households are dealing with steeper costs on their on a regular basis wants. Driving to go to household for the holidays? Fuel is up 61%, whereas Biden continues to work to shut down home vitality manufacturing. 

Perhaps you may keep house for Thanksgiving to lower bills? You’ll pay 30% extra on your turkey, and your Thanksgiving dinner may be the most costly in historical past.  

Want to keep heat in the winter months? Residence heating prices may soar by greater than 50% from final yr – and that doesn’t even embody a house heating tax that Biden and firm would like to see enacted. 

Throughout, we’re wanting on the largest surge in inflation in 31 years. And prices are nonetheless rising.

Whereas Home Speaker Nancy Pelosi, D-Calif., and Senate Majority Chief Chuck Schumer, D-N.Y., are working to jam this huge authorities socialist package deal through Congress, the administration’s current insurance policies present a grim preview of what enacting extra radical insurance policies will deliver. 

On Nov. 3, Republicans in the Home met with stakeholders from throughout the supply chain to hear firsthand how this administration’s insurance policies are complicating issues as they take care of managing this disaster. From port and rail operators, to truckers, retailers and past, the sophisticated internet of employees and companies in our supply chain is a fragile one which’s being crippled by sweeping mandates and rules. 

BIDEN PITCHES REVAMPED MILLIONAIRES TAX, GLOBAL MINIMUM TO FUND SPENDING BILL

Prolonged unemployment advantages fueled employee shortages and deliberate vaccine mandates threaten to damage industries already struggling to rent. On prime of an 80,000-truck driver scarcity, the American Trucking Associations worry that up to 37% of truckers may discover work elsewhere if subjected to a vaccine mandate. 

Over-regulating and over-taxing American companies and households is making our nation much less aggressive. 

Prohibitions on home vitality manufacturing are sending heating and fuel payments through the roof, driving up operation prices, and rising reliance on international nations like China, which now sells us transport containers at about double their value from a yr in the past, in addition to Russia and Saudi Arabia.

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It’s no marvel a majority Individuals disapprove of President Biden’s dealing with of the economic system.

We can’t afford to stand by whereas President Biden’s liberal allies in Congress ignore the actual issues of Individuals and maintain piling onto the debt with their liberal want checklist that can make this disaster even worse. 

That’s why we led 160 of our Home Republican colleagues in formally asking the president to cease prioritizing his socialist agenda over extra urgent points just like the supply chain disaster, and we proactively invited trade leaders to Congress to focus on their prime issues.

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To begin, the Biden administration wants to halt vaccine mandates, reverse dangerous insurance policies that discourage home vitality manufacturing, take away boundaries and disincentives to work, and cease permitting state and native rules in California and elsewhere to needlessly impede the environment friendly motion of products. 

Simply because the president advised the non-public sector to “step up,” we’re telling him to do the identical and cease pushing insurance policies, rules and spending priorities which can be making supply chain and inflation problems worse.

Republican Steve Scalise is the present United States Home of Representatives Minority Whip. He represents Louisiana’s 1st congressional district, serving since 2008. 

Republican Sam Graves represents Missouri’s Sixth Congressional District in the US Home of Representatives. A small businessman and a sixth-generation household farmer, Graves serves as Rating Member of the Home Transportation and Infrastructure Committee. 

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