WASHINGTON, D.C.— On March 11, 2024, Senator Rick Scott issued the following statement slamming President Biden’s reckless $7.3 trillion budget proposal that will add $6.4 trillion to the national debt over the next four years. Tomorrow, Tuesday, March 12, Senator Scott will question Shalanda Young, the Director of President Biden’s Office of Management and Budget (OMB), during a hearing in the U.S. Senate Committee on the Budget.
Senator Rick Scott said, “For three years, the American people have watched the Biden administration spend all their money and then borrow more and spend that too, but they aren’t seeing their lives get any better. Prices keep going up, interest rates keep going up, and taxes keep going up, but President Biden wants to add another $6.4 TRILLION in debt over the next four years with more reckless, inflation-fueling spending. And while life just keeps getting more expensive, it’s getting harder to find a good, full-time job which you can only expect to get worse if Biden raises the corporate tax rate to 28%, which is three points higher than Communist China’s rate! This proposed budget is an insult to the American people. In tomorrow’s Budget Committee hearing, I will press Director Young on President Biden’s disastrous budget record and expose the lies this administration tells every single day about the economy while families struggle just to get by.”
Original source can be found here.
