Barr Opposes "Inflation, Recession and IRS Army Act"

Statement

U.S. Congressman Andy Barr (R-KY) released the following statement opposing the Democrats' latest big government Socialist spending package:

"The partisan Inflation, Recession and IRS Army Act triples down on Biden's failed economic agenda that plunged our economy into recession. Democrats are enacting historic tax increases on job creators and energy producers that will be passed down to middle- and lower-income families already being crushed by inflation.

"On top of that, Democrats arm the IRS with a slush fund to hire 87,000 new agents that will be weaponized to harass ordinary Americans. The IRS will now have more employees than the DOD, FBI, and Customs and Border Protection combined.

"Furthermore, Democrats are creating a new drug price setting scheme to raid the Medicare Part D drug program to prop up their failed Obamacare experiment. This scheme will destroy medical innovation and jeopardize Medicare Part D, which almost 90% of seniors support.

"Finally, amid sky high energy prices and 66% of our energy grid at risk of power outages, Democrats continue their crusade of diverting investment away from reliable energy producers. Although this package enacts a 15% minimum tax on corporations, they can dodge this tax if they invest enough in green energy. This discriminatory policy will make our energy grid less resilient, stifle investment in energy sources that actually power American homes and fuel transportation, which in turn will increase costs in the long run for consumers.

"For these reasons and so many others, I will vote no on this outrageous and offensive tax, borrow, and spend bill that will set our country back years."

Source