Sen. Ron Johnson stated Democrats are placing the burden of paying for President Biden’s $1.75 trillion “Build Back Better” spending bundle on the middle class, as a result of that’s “where the money is.”
“The only place Democrats can get the money to fund all of their giveaway programs is from the middle class, because that’s where the money is,” the Wisconsin Republican informed John Catsimatidis in an interview aired Sunday on WABC 770 AM.
Even although the huge spending plan targets firms with a better tax price, the hidden prices will finally trickle right down to middle-class households.
“They don’t really bear the brunt of the tax increase,” Johnson stated about firms. “They just pass it along to consumers and to their employees in lower wages and benefits. So yeah, it’s the middle class that always pays.”
The House handed the Build Back Better laws on Friday by a 220-213 vote, but it surely faces an unsure future within the Senate the place Democrats can’t afford to have one defection within the narrowly divided 50-50 chamber.
Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona have raised questions concerning the bill’s provisions and the way it will be paid for.
Johnson and different Republicans have warned that the Build Back Better bill, which extends little one tax credit, allocates billions for clear power applications and expands the IRS’ enforcement energy, will additionally exacerbate the results of inflation and result in the upper gasoline costs which can be already hitting Americans of their wallets.
“Gasoline prices [and] home heating prices are up because Democrats have a war on fossil fuels. What was the first thing that President Biden did when he came into office? He canceled construction of the Keystone pipeline. He’s threatening shutting down pipeline No. 5 which supplies gas into Michigan and the upper Midwest. They are intentionally driving up the cost of energy,” Johnson stated.
“Who bears the brunt of that? Not Bill Gates. Not Jeff Bezos. Not President Biden. Not Vice President Harris. It’s the middle class. And particularly people at the lower spectrum of the middle class. They are the ones who are hurting most by Democrat governance. Those individuals the Democrat party is always purporting to help, they are the ones who are hurt most by Democrat governance,” the senator stated.
He identified that the president, due to skyrocketing gas costs, needed to plead with the Organization of Petroleum Exporting Countries to extend its oil manufacturing to assist alleviate the ache on the pump.
The cartel turned Biden down.
“Ever since the formation of OPEC, it has been … US policy to become energy independent. … Under President Trump we became energy independent. And then President Biden comes into office and makes sure that we are not energy independent. And then, when prices start spiking, he goes crawling to Saudi Arabia and Putin saying, ‘Can you please pump some more oil?’ … This is beyond absurd,” Johnson stated, referring to the Russian president.