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THE NATIONAL ``BIG UGLY''
The SPEAKER pro tempore. The Chair recognizes the gentlewoman from New York (Ms. Tenney) for 5 minutes.
Ms. TENNEY. Madam Speaker, for the past several months, my colleagues across the aisle have struggled to advance their budget reconciliation bill. The reason is simple: It is a disastrous piece of legislation that the American people simply don't want now that they are starting to find out what is actually in it.
When I served in Albany, we called these bloated budget bills, and ones just like this the ``Big Ugly,'' and ugly this is.
I rise today to urge my colleagues to oppose our national ``Big Ugly,'' which will raise corporation taxes, and that includes small businesses and family farms, to 26.5 percent, one of the highest rates in the world, and higher than the Communist Party of China charges their corporations.
Despite assurances from the administration, low- and middle-income taxpayers--and that includes, again, our small businesses and family farms, which are the heart of our communities which drive our economy--
they will bear the brunt of this bill's $2 trillion-plus increase in taxes.
Meanwhile, elite universities, left-leaning media outlets, and families earning more than $800,000 per year will receive major tax benefits or breaks. This bill also allocates billions of dollars to Green New Deal policies while raising taxes on America's domestic energy producers.
As we approach winter in upstate New York--and it is cold, trust me--
my constituents are facing some of the highest heating costs in recent memory. This bill's tax hikes on American energy producers are an insult to New York families who will be left struggling to pay their energy bills, especially those who are seniors on fixed incomes.
The point is simple: The Build Back Better plan is an endless list of progressive priorities that will add trillions of dollars to our national debt and worsen skyrocketing inflation, which is nothing more than a tax on the people who can least afford it: people on fixed incomes, people struggling to make a living.
Dictators from Russia to China, Putin to Xi, are counting on us to support our national ``Big Ugly,'' the Democrats' Build Back Better plan, the budget reconciliation plan, that will secure Putin and Xi's economic and energy dominance for decades to come. This will irreparably hurt Americans across the board.
I urge my colleagues to vote against this. Come up with a better plan that actually empowers American businesses, and especially the small businesses who create most of the jobs and drive our economy, and again, our family farms which are the tradition and heart of our communities, especially in upstate New York.
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SOURCE: Congressional Record Vol. 167, No. 188
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