The Briefing Room
General Category => Politics/Government => Topic started by: mystery-ak on August 11, 2021, 06:58:21 pm
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McCarthy Slams Socialist Reconciliation Package: ‘Democrats’ $3.5 Trillion Spending Binge’
Jacob Bliss 11 Aug 2021
House Minority Leader Kevin McCarthy (R-CA) torched the Democrats’ attempt at a socialist reconciliation package to accompany the so-called infrastructure deal, calling it the “Democrats’ $3.5 Trillion Spending Binge,” and said House Republicans “firmly oppose” any type of plan.
“Democrats want to crush hard-working Americans and their families,” McCarthy wrote in his statement, pointing out in the rest of his statement that Democrats do not care about inflation hurting everyday Americans.
“With prices hitting a 13-year high, Biden’s inflation is wiping away wage gains made during the Trump years,” McCarthy also brought up, since, under President Joe Biden, the inflation is expected to make businesses raise their prices, even more, this year.
Shake Shack already announced the company would be raising its prices due to inflation. Reportedly, rising prices are a contributor to the rising inflation expectations, meaning inflation can be caused by feeding off of itself.
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https://www.breitbart.com/politics/2021/08/11/mccarthy-slams-socialist-reconciliation-package-democrats-3-5-trillion-spending-binge/