Graham on Biden Budget: "This tax and spend budget will break the back of our economy."
WASHINGTON – Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) made an opening statement at a hearing on President Biden’s Fiscal Year 2022 budget proposal.
• GRAHAM: “This budget I think is blind to the world in which we live in, in terms of military threats. It has an approach to the role of the federal government that will destroy free enterprise. It will create a tax and spend policy in perpetuity. It will make it very hard for the next generation of Americans to grow their own business, start their own business and raise their families with some hope of acquiring wealth.” https://youtu.be/qNj7TZxmDiM?t=215
• GRAHAM: “This budget, in my view, will destroy the ability to create new jobs in this country. It will create a debt burden on future generations that would be devastating. It would, at a time of great danger, strip America of being able to maintain a qualitative edge over those who wish us harm. This is a very ill-conceived budget. It will get no support on our side.” https://youtu.be/qNj7TZxmDiM?t=264
• GRAHAM: “Businesses can go anywhere in the world to do business and I think a lot of them will be choosing another spot other than the United States because we will drive them offshore. This tax and spend budget will break the back of our economy and will destroy future generations’ ability to achieve the American dream that most of us have had a shot at because we will sink them with debt.” https://youtu.be/qNj7TZxmDiM?t=74
• GRAHAM: “In a dangerous world, this budget increases defense spending less than inflation…Look what’s going on in the world. The Iranians are marching toward a nuclear weapon, 60 percent enrichment. We have Russia rattling the neighborhood it lives in. Afghanistan, we’re about to withdraw and ISIS, and unfortunately, al Qaeda types are going to reemerge. We’ve got North Korea threatening every day to expand their nuclear program. The Chinese are up to no good on every front...so our response is basically neuter our defense capabilities...” https://youtu.be/qNj7TZxmDiM?t=137