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Day Four Wrap-Up: Democrats Defend Economic Surrender

On the fourth and final day of the Ways and Means Committee’s work on their $3.5 trillion tax hikes and spending package, Democrats defended crushing America’s innovation economy, tax increases that will send jobs and businesses fleeing overseas, President Biden’s economic surrender to China, and relegating too many Americans to poverty by making the largest expansion of the welfare state in most of our lifetimes.

  • CLICK HERE for a summary of the amendments Democrats rejected on Day Three.
  • CLICK HERE for a summary of the amendments Democrats rejected on Day Two.
  • CLICK HERE for a summary of the amendments Democrats rejected on Day One.

Democrats defended:

…raising taxes on those Americans making less than $400,000 a year. Watch Rep. Kevin Brady (R-TX) offer the “Build Back in America not in China” amendment. 

surrendering America’s economic strength to foreign competitors. Watch Rep. Devin Nunes (R-CA) offer his “Stop Shipping Jobs to China” amendment. Watch Rep. Schweikert (R-AZ) offer the “No Global Tax Surrender” amendment. 

…seceding America’s development of life-saving cures overseas, especially China. Watch Rep. Darin LaHood (R-IL) offer the “Standing Up to China” amendment. Watch Rep. Kevin Hern (R-OK) offer the “Offshore Tax Haven Reduction” amendment. 

standing by non-profit entities that supported or conducted gain-of-function research involving a potential pandemic pathogen by China, Russia, Iran, or North Korea. Watch Rep. Brad Wenstrup (R-OH) offer the “Gain of Function Accountability” amendment. 

raising crippling taxes on small businesses. Watch Rep. Kelly offer the “Return to Full Employment in America” amendment. Watch Rep. Ferguson (R-GA) offer the “Community Support” amendment. Watch Rep. Jason Smith (R-MO) offer the “Main Street Business Protection” amendment. Watch Rep. Buchanan (R-FL) offer the “American Small Business Protection” amendment.

President Biden’s war on American energy that crushes U.S. energy independence and increases our reliance on Russia, China, Venezuela, or Iran. Watch Rep. Arrington offer the “No Giveaways to Polluting Countries” amendment. 

a supercharged second death tax on family-owned farms and small businesses. Watch Rep. Adrian Smith (R-NE) offer the “Saving America’s Family Farms and Ranches” amendment. 

subsidies for big union bosses. Watch Rep. Smucker (R-PA) offer the “American Taxpayer Before Union Executives and Lobbyists” amendment. 

dooming generations to poverty with a massive expansion of the welfare state without reinstating work requirements. Watch Rep. Walorski (R-IN) offer the “Working Family Economic Opportunity” amendment. 

allowing the greatest heist of taxpayer dollars in our lifetime to continue. Watch Rep. Tom Rice (R-SC) offer the “Washington Needs Common Sense” amendment.

Further Background:

BRADY: Small Businesses Fear Democrats’ Tax Hikes & Washington Mandates

STUDY: Biden Plan Shrinks the Economy

Study: Dems’ Tax Plan Skyrockets U.S. to Third-Highest Corporate Tax Rate in Developed World

FACT CHECK: GOP Tax Reform Led R&D Boom—But Dems Want Washington In Charge

BRADY: Build Back in America, Not China

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