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On Sunday, Republicans scoffed at Democrats for passing a multi-billion-dollar economic plan and warned it would make a comeback in November’s midterm elections.
“Democrats will pay the price in November for raising household taxes during the recession,” Republican National Committee (RNC) Chair Ronna McDaniel said in a statement.
Her statement reflected criticism from Republicans that the Reducing Inflation Act would do the opposite of its intended purpose.
in a statementSenator Ted Cruz, R-Texas, likened the bill to “abandoning the Democratic Party’s radical left base at the expense of the American middle class.”
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“The Schumer-Manchin Act would drive up inflation and prices, hit small businesses and U.S. manufacturing, raise the price of natural gas, and tax the IRS on Americans while raising taxes on Americans in nearly all tax brackets, including income Less than $400,000 a year,” Cruz said in a statement.
Republican Senator John F. Kennedy called raising taxes during a recession and inflation “a special kind of stupidity.”
“[T]This is called stagflation, and it’s the result of President Biden’s policies,” Kennedy tweeted.
Sen. Martha Blackburn, R-Tennessee, similarly cautioned Democrats for passing a bill at a time of recession and inflation at 41-year highs.
“We should cut taxes, not raise them,” Blackburn said on Twitter. “It’s a shame that Senate Democrats are forcing the passage of a socialist agenda that will make life harder and more expensive for Tennesseans.”
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Senate Minority Leader Mitch McConnell accused Democrats of not caring about “middle-class family priorities.”
“Democratic policies have destroyed the savings, stability and lifestyle that families have built and sacrificed for the jobs and sacrifices over the years,” McConnell said in a statement. “The impact of this one-party government is on the American middle class. Class economic attack.”
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Senate Democrats passed the $740 billion package by a 51-50 vote, with Vice President Kamala Harris casting a tiebreaker after an all-night session. The House appears on track to provide final congressional approval when it briefly returns from the summer recess on Friday.