Sullivan: Working Class Americans will Bear the Brunt of Democrats’ Reckless Tax and Spending Bill

WASHINGTON—U.S. Senator Dan Sullivan (R-Alaska) issued the following statement after voting against the Senate Democrats’ reckless tax and spending bill.

“The Biden administration inherited a strong economy, but now here we are—Biden stagflation has arrived in America. Inflation is the highest it’s been in more than four decades and we’re now in a recession following two quarters of negative growth. This is all a result of way too much spending and the unrelenting war on American energy being waged by this administration and congressional Democrats, who are beholden to radical left special interest groups.

“What Senators Chuck Schumer and Bernie Sanders are trying to do with this so-called ‘Inflation Reduction Act’ is exactly the opposite of what our country needs right now. This bill is loaded with more reckless spending, billions of dollars in taxes on hard-working Americans, and, of course, the radical left’s favorite policy—an attack on the American energy sector. The Schumer-Sanders bill is going to do more harm to our economy. The people who are going to bear the brunt of this are working-class Americans. Raising taxes on the middle class is never a good thing, but especially during a recession, and increasing the IRS’s budget by 600 percent and doubling its workforce—which is what this bill does—says all you need to know about the priorities of Joe Biden, Chuck Schumer, and Bernie Sanders.”

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