Congresswoman Ashley Hinson (IA-01) spoke in opposition to the $4.3 trillion budget reconciliation package advanced by the House Budget Committee and voted against the legislation in a virtual committee markup on Saturday night.
In her opening remarks, Congresswoman Hinson slammed the $4.3 trillion dollar package and called out many of the worst provisions in the most expensive bill in U.S. history.
Key highlight: “The bill, and I use that term loosely here, is completely backwards with its priorities. And everyone in this room knows this bill as it stands won’t become law. It’s too radical – the biggest leap toward socialism our country has ever seen. It takes the Marxist ideology that was once just a page in the text book and turns it into United States law. We’ve got tax hikes on small businesses and working families. Amnesty for illegal immigrants. Subsidies for electric vehicles. Government-funded college, taxpayer-funded college. And so much more. It is packed full of Washington pork and will make things worse off for everyday, hardworking Iowans who are already paying more for everyday items because of massive overspending.”
Hinson introduced a provision that would fix the Electric Vehicle Tax Credit to ensure that Iowa taxpayers aren’t funding luxury cars for the ultra-rich. This was struck down by Democrats on the Committee.
Key highlight: “The underlying provision is disrespectful to taxpayers, fails to help the Americans most in need, ignores the readily available solution of biofuels, and hands taxpayer money to the Chinese Communist Party… Let’s take a look at the fine print. This bill pointlessly extends and nearly doubles existing tax credits for the ultra-rich, and barely help those who need them most.”
Hinson spoke against a proposal included in the legislation that would violate Americans’ privacy by requiring financial institutions to report transactions of $600 or more to the IRS.
Key highlight: “Telling the IRS to start monitoring $600 transactions makes no sense and is an invasion of privacy. Heck, I’ve spent that much on groceries and diapers at Costco. The government doesn’t need to know that. This will not only increase the already the IRS’s enormous backlog exponentially, it risks compromising the account security of Americans and destroying our community financial institutions.”