SEN. KENNEDY: Inflation is ‘cancer on American Dream,’ Congress must stop spending so much money

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Sen. John Kennedy (R-La.) released the above statement after voting against the $1.7 trillion government appropriations package.

Key excerpts from the senator’s statement are below:

“Here’s the main reason I voted against the budget: Inflation. As I’ve said before, inflation is ravaging the American Dream. It’s a cancer on the American Dream, and we’re not going to get control of it until Congress stops spending so much money.”

“We’ve got to slow the rate of growth of spending and debt. Now, look, I’m not naive. There are many people here in Washington, not just on the Democratic side—there are many big-government Republicans as well—and their attitude is, ‘We can’t possibly spend enough money.’ If they ran out of money to spend and couldn’t borrow any more, they would think about taking out a reverse mortgage on Alaska to get the money. But there are enough Republicans on Capitol Hill for us to be able to slow the rate of growth and spending, and this bill didn’t do that.”

“The question becomes . . . What’s the best way to achieve the best budget? Do we sit down and do it now, or do we wait until we have a majority of Republicans in the House of Representatives? And I said all along, we should wait.” 

“Here’s what it comes down to: Would you rather have Nancy Pelosi decide what the federal budget is going to be, or would you rather wait until he’s sworn in as Speaker of the House and have Kevin McCarthy? And that, to me, is a no brainer, and there was never any doubt in my mind that the prudent decision, in terms of controlling spending, was to wait for Kevin McCarthy [instead of] allowing Speaker Pelosi to make the decision.”

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