Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Floor Speech

Date: Feb. 28, 2023
Location: Washington, DC
Keyword Search: Inflation

BREAK IN TRANSCRIPT

Mrs. BOEBERT. Madam Chair, I rise in favor of H.R. 347, the REIN IN Act.

I do think that it is very rich that my colleagues on the other side of the aisle are talking about regular order all of a sudden. My first 2 years in Congress there was no such thing as regular order. In fact, I served on the Budget Committee and they passed two budget reconciliations on the House floor without it going through committee: completely bypassed committee.

First one was $1.9 trillion. The next one, $700 billion. Really all it was, was the Green New Deal: just real quick, hurry up, get it to the floor. We have to spend trillions and trillions of dollars and hurt as many Americans as possible in the 2 years that we have left in power.

With this REIN IN Act, this bill will hold Joe Biden accountable for this reckless spending that he has approved by my Democrat colleagues, who hastefully sent all of these bills to him, rushing him to spend trillions and trillions of American taxpayer dollars.

His administration will now be required to publish the inflationary impact of executive orders before enacting them.

Madam Chair, my constituents are struggling to deal with the disastrous effects of Bidenflation. Under 2 years of a one-party rule, Joe Biden and Nancy Pelosi unleashed a record inflation crisis on the American people that has decimated their bank and retirement accounts, increased gas prices to record levels, raised utility bills, drove up grocery costs, and made it harder to live for the people in my district, Colorado's Third District, and all throughout this great country.

The primary root cause of this record-breaking inflation was trillions of dollars of wasteful Federal spending.

In Joe Biden's first year in office alone, he issued more executive orders than any other President in my lifetime, costing taxpayers more than $1 trillion.

The American people said loud and clear last November that enough is enough. They have empowered this new majority to demand transparency by revealing just how much Biden's executive orders are costing American families and small businesses.

Madam Chair, I thank my colleague and chairwoman of the Republican Conference, Elise Stefanik, for her work to hold Joe Biden and his administration accountable.

I am proud to be a cosponsor of this legislation, and I urge my colleagues to vote in favor of the underlying bill.
BREAK IN TRANSCRIPT

Mrs. BOEBERT. Madam Chair, I rise in favor of Amendment No. 3, which will require inflation-impact assessments to be published on the Office of Management and Budget's website, not just reported to Congress.

This simple, straightforward amendment will ensure that the American people, who bear the brunt of inflation's impacts, will be better informed of the President's inflation-inducing actions.

Without my amendment, the real-life consequences of Joe Biden's spending spree in the White House will not be seen by those impacted most. This will provide transparency for the administration to answer to the American people.

Thanks to Joe Biden's reckless spending agenda, America will spend $10 trillion more over the next 10 years than we were estimated to spend. While the Federal Government continues to spend trillions of dollars it doesn't have, inflation has hit a 40-year high and our Nation is now mired in a recession.

Instead of addressing these major economic concerns head-on, the Democrat solution to inflation is to keep on spending.

The GOP majority has been empowered to hold the Biden administration accountable and demand transparency by revealing just how much Biden's executive orders are costing American families and small businesses.

This excessive spending has real consequences. American families will pay an $8,581 inflation tax over the next year.

Currently, 20 million Americans cannot pay their electric bill. We have seen a 4.3 percent decline in real wages since Biden took office. Americans have lost more than $2 trillion in retirement savings. Gas is nearly $4 a gallon again.

Americans are paying more for everything because of leftwing extremist policies.

House Republicans are working to reduce inflation by fundamentally changing the way we vote on appropriations bills and putting an end to reckless spending omnibus packages passed on Christmas Eve, without any time to actually read the bills, multi-thousand-page bills spending trillions of dollars, about 24 hours or less to read it.

We are working to cut wasteful spending, get to the bottom of fraudulent payments made by the Federal Government, support American energy production, and oppose tax increases proposed by the Democrats. Economic strength and job growth result from policies that unshackle job creators, allow American ingenuity, and provide certainty.

Madam Chair, I again thank my colleague, the chairwoman of the Republican Conference, Elise Stefanik, for her leadership on this issue.

BREAK IN TRANSCRIPT

Mrs. BOEBERT. Madam Chair, I do want to take a few seconds to respond. That was great. We are addressed as MAGA extremists, extreme MAGA Republicans. I will just make a clarification point. It is ultra MAGA. That is what we prefer.

But I will say to the ranking member, I am very happy that they have moved on from pronouns to adjectives. When they start acting democratic, I will be sure to call them the Democratic Party.

Madam Chair, I yield 1 minute to the gentleman from Kentucky (Mr. Comer).

BREAK IN TRANSCRIPT

Mrs. BOEBERT. Madam Chair, I yield back the balance of my time.

BREAK IN TRANSCRIPT

Mrs. BOEBERT. Madam Chair, I demand a recorded vote.

BREAK IN TRANSCRIPT


Source
arrow_upward