Washington, DC — Yesterday, the House Committee on Ways and Means voted to advance the Democrats’ $3.5 trillion tax and spending package.
The package breaks President Biden’s pledge to not raise taxes on anyone making less than $400,000 both directly and indirectly. A new tobacco tax on nicotine and vape products is regressive, meaning it falls more heavily on lower income households.
A number of tax hikes will also indirectly hit the middle class in the form of lower wages for workers and higher prices on consumers. In addition, adding $3.5 trillion in debt will almost certainly exasperate the inflation problem while shrinking the overall economy. That translates to less money in the pockets of hardworking Americans with less buying power per dollar.
AMAC Action President Bob Carlstrom said:
“The package advanced out of the Ways and Means committee this week is a recipe for disaster for America’s small businesses and the country as a whole. At a time when many small businesses are hanging on by a thread, Democrats in Congress continue to throw new tax increases and regulations at Main Street. Imposing the biggest tax hike since 1968 is the opposite of a prescription for economic recovery.”
During the committee hearings, Top Republican Rep. Kevin Brady (R-TX) blasted Democrats’ out of control tax and spend agenda:
“President Biden, Speaker Nancy Pelosi and House Democrats are ramming through trillions of wasteful spending and crippling tax hikes that will that will drive prices up even higher, kill millions of American jobs and drive them overseas, and usher in a new era of government dependency with the greatest expansion of the welfare state in our lifetimes.”
“Seniors across the country are overwhelmed with the amount of harmful policies coming out of Washington, AMAC Action President Bob Carlstrom continued, “it’s our job to help our members understand how harmful each specific policy that has been proposed would be if enacted and how to make their voices heard with elected officials. The amount of push back on this bill we are seeing from every day hardworking Americans tells me that House Democrats haven’t yet had the last word on hiking taxes.”
During the recent Ways and Means committee hearings, which concluded yesterday, Republicans offered over 60 amendments. Read the list here: Day Four Wrap-Up: Democrats Defend Economic Surrender
Speaker Pelosi has so far given no word on next steps for the bill following its initial passage out of committee but we expect to be opposing floor action soon. The bill has not yet been considered by the full House of Representatives. Please continue to stay tuned for more updates from our team in Washington, DC as we make your voices heard on Capitol Hill in opposing these tone-deaf and economically destructive policies.
This proposed 3.5 Trillion Dollar Bill is byond ridiculous … it is political insanity.
I do not want to see one single republican vote for this freedom busting increase. It’s your duty.
So…..who would believe the initial statement by Biden that taxes won’t increase on those making less than $400K??? This tax increase will affect EVERYONE….don’t be fooled! Companies don’t pay taxes….consumers pay those corporate taxes!! There isn’t one company out there that will NOT pass these tax increases along to everyone that purchases their products! Don’t want to pay higher taxes…..then go on government welfare and quit buying anything made or produced! You can then revel in the fact that the tax increase won’t affect YOU!! Otherwise, you are falling for the Biden lie!
It’s advertised as a 3.5 trillion dollar bill but if you haven’t figured it out yet that is mostly a conservative number. I can’t recall the organization that looked into this but the actual amount is closer to 5 Trillion dollars. Typical Democrat work here.
What?, it came from the house? That’s hard to believe. After all, we have Ocasio, Omar, and a host of other socialist/marxists in the house. If they can just convince enough of the weak minded senators to go alone with it, then it must be a good thing. I’m sure the bad to the bone republicans won’t mind. But then, just follow the money.
This humongous bill is economic insanity if it goes thru. Americans will suffer for years following its passing … IF it passes. IMO the lack of a (BBA) balanced budget amendment has become direly necessary. Not having a BBA allows the Executive Branch and Congressional Branch to hide taxation in the form of monetary inflation and escape all fiscal accountability … and the News media will support this lack of accountability … it eventually results in bad news and sells news.
this monstrosity of a tax and spending package is a ripoff of American taxpayers. If anyone seriously believes that the tax increases in this bill will only be paid for by people and corporations making more than $400,000 per year, they’re in for a rude awakening because there are NOT enough taxpayers making that kind of money so eventually the government is going to have to target everyone below that price range.
People, what WE REALLY NEED Right Now is for a Modern JOE MCCARTHY to step up and POINT OUT that EVERYTHING He once said about OUR Government, both Federal and State, as well as our educational system, film industry, etc.
Had ALL BEEN INFILTRATED BY COMMUNISTS!!! … And it appears, HE WAS CORRECT!
I am coming to the conclusion that AMAC is a ‘paper tiger’. I feel compelled to write to AMAC because I believe good people at AMAC are working hard for us as you print great articles about the lies, distortions, and many bad things being done by the current Administration. However, more needs to be done–I don’t see any proposed AMAC actions or even an action plan where we the readers can begin to challenge this Administration, work to block their proposed legislation, and/or demand our legislators stand up to stop this madness. I would like to see an organization that is more active in challenging our legislators to “do the right thing”. Such an organization might give us, your subscribers, proposed draft letters, emails, and phone numbers to use in contacting our legislators so we can actively let those legislators hear how we, the constituents, feel about what they are, or aren’t, doing.
Obama, Biden, Harris, Shumer, and Pelosi all out to destroy America and turn us into a hellhole!!! The US government is the most inefficient at fixing America’s ills. That is what capitalism(the private sector is for). Look at Biden he is totally out of touch with Americans because really he hasn’t worked an honest day in his in life. He has used his position to steal from Americans and other countries for himself and his family. He was the one who is greatly responsible for the deaths of 9/11 and yet he has the audacity of showing up for the memorials of 9/11. Gives 85 billion in military hardware and worse yet technology to known thugs/terrorists/taliban who are now working with Biden’s buddies the CCP to steal our technology. They are all working in collusion to destroy America. Another perfect example is this phoney and illegal vaccine mandates that are killing and permanently disabling many Americans while his wicked democrat buddies in congress are exempt along with all these illegals he’s transported on our dime to locations all over America on our dime being infected with the virus without any regard to law abiding tax paying citizens. His plan kill patriotic Americans while protecting his voting base many of whom are known thugs!!! This is the only way the wicked democrats can win elections because their stances on critical issues are for wickedness instead of righteousness!!!
How much of the 3.4 trillion is going into the pockets of the commie Dems?
Biden must go.
Get ready to kiss your retirement goodbye. Your income will be taken to pay for all of these pipe dreams of Congress. Their plan is to steal everyone’s independence so there is total reliance upon the government to feed, clothe and provide medical care.
Progressive is the modern term for communist. So much damage in 8 short months. Not by accident or incompetence. This is orchestrated
grateful for AMAC
get in there and let them know the
life raft has a hole in it
I just retired from full time this past
June. Already I am going to have to
get a part time job to pay for daily
living expenses.
I have been convinced for a long time that the democrat/marxists have adopted the same strategy to bring about the downfall of the United States that Reagan used to bring about the fall of the soviet union. In other words, they are causing U.S. to continue to spend ever increasing moneys to the point of eventual collapse. The sorry part about all of this is they are intentionally causing the fall of their own country so they can consolidate power. Just like under Lenin, when the russian people realized they were getting a raw deal and tried to reverse course trotsky sent out the red army to slaughter dissenters.
I love the name of this “committee”……Ways and means……..and what they are doing has little, if anything to do with actual “ways and means”….it’s a rubber stamp committee who will dance with the ones who brung them. Yet another way and mean to drive our republic into the ground. My representatives are less than helpful in controlling the coming storm of taxes, pork and inflation. So hide your wallet, and get out the vasoline, you’re gonna need it!
We are heading in the same direction as Venezuela did. If someone doesn’t do something America as we know is is gone forever. Exactly what these progressives want!
Drain the swamp !!
Great article. Most of the money allocated for infrastructure does not go for infrastructure. I heard only 23%. The cost for America will devastate our middle class. The politicians who put this bill forward are destroying our great country-We all know this, why don’t they?
So many excellent remarks. Can’t seem to find a special one to reply to. Very worried about the future of my grand children and the country. Seems no liberal or democrat reads history anymore. Plus our schools are.educating our children to be socialists and racists which only spells doom.
When is AMAC going to do something about the garbage the liberals are passing even though the USA seniors hates Biden and his cronies//Where are the Republicans in Congress and the Senate when these idiots present these ideas that hurt the majority of Americans/Just look at this disgusting Milley for instance along with coughing Biden==they should be impeached //Period/////Why are we having another hearing on just how bad they really are??????????
When will the Democrats and the Rino’s relies that there is no money tree or a goose to lay a golden egg. If the Republican Senators really loved America they wouldn’t even show up to even vote on this budget bill or another bill until the border is closed to ALL illegals.
If you believe in Economics, you cannot spend more money than you take in each month or you will go broke someday & then what is plan???????
Don’t Worry, Mitch McConnell, Lindsey Graham and the rest of our Republican representatives will fight for us
It is IMPOSSIBLE to “tax the rich” enough to pay for profligate spending. It has been shown that if you tax all income over $100,000 at 100% (theoretically) you could only run the US government for about 6 months! Of course, NO ONE would work if there were a 100% tax! You HAVE to tax middle income workers (US!) to raise money and even that won ‘t be enough for the AOC/Sanders agenda!
Like it or not, you get what you vote for and ONE of the causes is that we vote selfishly. If we voted “forthe good of all, which includes being fiscally responsible, many of the “representatives” would be gone. I have never in my 55+ of voting witnessed such a level of apathy and ignorance. What a cocktail that makes!
Oh golly gee, what are we going to do. I keep reading that Social Security is running out of money and will be bankrupt in about two years. Where oh where will they find money to keep that government program going?????
And soon they will be taking people who earn just $10,000 a year.
In case you don’t comprehend how large a number one trillion is in seconds it is 31,688 years and 200+ days.
the Democrat leaders are going to crash our economy to enact their communsit agenda
The demo/globalists are evil, wicked, and Godless. They are running out of time to cram America into the one-world government by 2030 or sooner do they have to destroy America in every area, education, military, religion, & economy. They are almost there.
Leftist have never cared about any of the groups they claim to fight for! They only want power and control and whomever gets hurt in the process, so be it! More poor government dependent folks the better for these leftist, cuz they won’t rise up against the hand that feeds them! This is about controlling the WHOLE country since tyranny is the norm all thru history! America was an experiment that worked as long as the people were a moral people but the leftist have no morals, they are selfish, narcissistic, and incompetent as leaders. They just take for themselves and look down on everyone else with pride! Why is anyone surprised about this? It’s all thru history and America is now the next country to experience the evil system leftist love.
The demoncrats won’t stop until they have destroyed this Country and subjected the people to their control. We have to fight back.
Useless, lying democrats!
joebama is as dishonest and destructive as imagined, merely a clown show puppet for evil obamaites trying to destroy Our Great Country!
These SCUM need to be removed and held accountable for their TREASON against America!!!
This trillion dollar fleecing of Citizens deserves jailtime for this incompetent group of self serving,narcissistic ,greedy,greedy, hungry establishment democrat politicians!!!
Wake up People, they MUST GO!
Remove your crap from my screen!!!!!
The disconnected, silver spoon-fed “Elites” are so arrogant and self-entitled, they don’t know or care what the proletariat want. These people are oblivious to all ramifications/consequences of their actions. Their fantasies include just getting on a Committee of some sort to feed their ego. You & I are just some unintelligible noise in the background.
WOOPEE ! Vote everyone out that votes for this boondoggle !!!!!!!!!!!!
Make American great again !
The DemocRats are master menaces when it comes to raising taxes by inflating the money supply. It is a way that even the News Media is too dumb or too biased to report adequately and accurately. If you wanted to script how to bring a Nation’s governance to Communism, the DemocRats have put it in to action, beginning with the last rigged election, which will continue to be the pattern for future elections unless Americans act with resounding reluctance to trust them at all levels of governance. I’m not a committed Republican, but the DemocRats are leaving no option. When the economy begins to cave, the next step by the DemocRats will be to start a war to try to spike Patriotic sympathy from the citizenry.
Talk is Cheap! … We the People NEED ACTIONS in OVERDRIVE!!! … Contact YOUR Comrade Senators and Let Them Know that by APPROVING This Bill They ALL Will Become IRRELEVANT To Society and thus BECOME A FOOTNOTE IN AMERICAN HISTORY Just as Benedict Arnold is!!! … And then follow it up with ACTIONS!!!
That’s MY Plan! … No More Hollow Words!
Anyone with common sense new the democrats always raise taxes to cover their pet-peves. If you voted for Biden, then you are part of the problem, From his cowardly withdrawal from Afganastan to his pushing the vaccines to pump up Fauci’s bank account. And I am sure he and the other demos in charge are reaping big payouts.
economic treason! ON all levels the communists are systematically destroying our country!
I have watched this mess that the democrats have done to this country with people pouring across our borders and defunding the police. We must fight back against this. They want to push us farther into debt as well. We need to fight back somehow.
This is criminal! It is the final theft of our country and the citizens property with the goal to bankrupt both.
The word “exasperate” may describe what this is doing to our minds, but I think in context the word should be “exacerbate” from the Latin word “acerbitas” meaning bitterness. Much more apt in this circumstance. We have to stop these people.
THIS IS INSANITY! DON’T FORGET WE MUST PROVIDE FOR THE ILLEGAL IMMAGRANTS COMING THROUGH OUR SOUTHERN BORDER AND ALL THE AFGHANISTAN PEOPLE WHO JUMPED ON THE PLANES TO ESCAPE. NO MORE!!!
2 head for Depression 2??
I’m not sure what country these representatives actually represent… but it is NOT Our United States of America!
Please do everything possible to stop this nonsense!
The docile sheep continue to do nothing to save themselves from the coming slaughter. Truly pathetic what this country has become.
The docile sheep continue to do nothing to save themselves from the coming slaughter. Truly pathetic what this country has become.