Democrats shut their eyes to inflationary impact of Biden’s big spending bills

Democrats killed a resolution seeking information from the Treasury on how spending affects inflation 

Peter Kasperowicz / FOXBusiness

 

House Democrats rejected a resolution demanding an assessment from the Treasury Department on whether President Biden’s biggest spending bills over the last two years are contributing to inflation.

The GOP resolution requires the Treasury to provide any analysis it has done on this topic to Congress, and it was brought up Thursday at the House Oversight and Reform Committee markup. The resolution targets the $1.2 trillion infrastructure bill Biden signed in 2021, and the $750 billion Inflation Reduction Act he signed this year — economists have said both spending bills juiced demand in the U.S. and contributed to inflation levels that haven’t been seen in decades.

But Democrats voted to report the resolution "unfavorably" to the House floor, effectively killing it. Rep. James Comer, R-Ky., the top Republican on the committee, accused Democrats of willfully ignoring the inflationary effects of the trillions of dollars in spending approved by the Biden administration. Read more and see video here.

It Sure Looks Like Schumer Just Confirmed a 'Far Right Conspiracy Theory'

Leah Barkoukis / Townhall Tipsheet

 

Conservatives blasted Senate Majority Leader Chuck Schumer on Wednesday for comments he made supporting a path to citizenship for the nation’s illegal immigrant population.

The pro-abortion Democrat lamented the shortage of workers in the U.S. and pointed out the U.S. population is “not reproducing on its own with the same level that it used to.”

He argued the "only way we’re going to have a great future in America is if we welcome and embrace immigrants, the DREAMers and all of them, because our ultimate goal is to help the DREAMers, but get a path to citizenship for all 11 million or however many undocumented there are here.”  

In addition to pointing out the 11 million number is severely outdated, conservatives reminded Schumer that the U.S. may not have this problem if Democrats didn’t push abortion so ardently. Read more, see tweets and video here.

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