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The Left’s Bankruptcy Bill Will Bankrupt You – Clarksville Online

By August 11, 2022Sports events

Written by Marsha Blackburn
US Senator

washington d.c. – The left’s legislative strategy is simple: give the bill a positive name and hope that people won’t find out what’s really in it. In 2010, President Barack Obama Affordable Care Act gave hope for lower medical costs, but led to higher health care prices for everyone.

Last year the For the People’s Law relied on footage from the Gettysburg Address but included policies that posed a danger to democracy. The Inflation Reduction Act of 2022 — the latest rebranding “Build Back Better” and the subject of the marathon Senate voting session last weekend — follows the same pattern.

Democrats think they can get away with another bait and change because they assume Americans aren’t smart enough or don’t care enough to see what’s going on. They are wrong on both counts.

In Tennessee, people are frustrated with President Joe Biden for willfully breaking his campaign promises. While he repeatedly said he would not raise taxes on Americans earning less than $400,000 a year, this month’s “Build Back Broke” revamp makes struggling households foot the bill. More than half of the bill’s tax revenue will come from families earning less than $400,000and middle-income households can expect billion new tax hikes.

Tennesseans already know that Democrats’ spending habit is bad news for their budgets, and economic analysts are quick to agree. The San Francisco Federal Reserve and Morgan Stanley accused Biden of causing high inflation for 41 years, and economists warn that persistent spending could put even more pressure on the economy.

Democrats know all this, but in Congress they are fighting to make a bad problem worse. In addition to spending-driven inflation, our country faces a critical supply chain crisis. Build Back Broke will charge new tax increase on already struggling US companies. This will push supply chains beyond their breaking point and force consumers to pay more for less goods.

With economic carnage almost guaranteed, why is the left pursuing its plan? Democrats in the White House and Congress know this is their last chance to pass the Green New Deal.

Ahead of a turbulent vote in November, the left is scrambling to get every item on its “green” wish list enacted, including a $8 billion tax on natural gas. This tax would cause energy bills to skyrocket and could destroy 100,000 jobs. In total, this bill wastes nearly 370 billion dollars just to support the “green” agenda of the Democrats.

The left has proven that it is determined to make its green agenda a reality, regardless of the cost to our freedom and the American taxpayer. Unfortunately for the Democrats, the people of Tennessee know not to buy into their scheme.

On Capitol Hill, I followed the example of the responsible state of the willing state and local leaders who enabled communities to thrive during the economic disaster of the left. That is why I voted against this radical spending and worked for stop the trips like in their footsteps.

The left’s legislative strategy underestimates the American people in order to conceal its radical agenda. Though they may have forced their Build Back Broke bill through the Senate, the people of Tennessee know the truth: Democrats are intentionally bankrupting America.