McHenry Statement on Passage of Democrats’ Spending Bill Under Guise of Infrastructure
Washington,
November 5, 2021 -
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on House Democrats’ vote to pass their partisan spending bill under the guise of infrastructure:
“Today the House voted on a $1.2 trillion dollar bill full of progressive priorities and reckless spending,” said Republican Leader McHenry. Instead of addressing the nation’s real infrastructure needs, this bill wastes billions of dollars funding modes of transportation that most Americans aren’t using. To make matters worse, a quarter of the total price tag of this bill is unpaid for, which means more debt that American taxpayers can’t afford.
“Also tucked away in this bad bill are digital asset reporting requirements that will have a long-lasting and harmful impact on innovation here in the U.S. Using a so-called infrastructure package to write the rules of the road for new technology is indicative of Democrats’ inability to legislate.
“Beyond the reckless spending and flawed policy, we know the true goal of this bill: to pave the way for the Democrats’ real priority—their multi-trillion dollar tax and spending spree. Far-left Democrats in Congress designed this monstrous package to fundamentally change the role the government plays in Americans lives. It is projected to add hundreds of billions to the deficit all while raising taxes, killing jobs, massively expanding the scope of the federal government, and placing new burdens on hardworking families and businesses. The American people cannot afford these destructive and irresponsible policies.”
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