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HYDE-SMITH CASTS AN EMPHATIC “NO” VOTE ON DEMS’ $4 TRILLION RECKLESS TAX & SPENDING SPREE

“There’s an old saying that money doesn’t grow on trees.  This is a lesson lost on Democrats…”

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today cast an emphatic “NO” vote against an astounding FY2022 Reckless Tax and Spending Spree budget resolution that will allow Democrats to impose taxes and new spending exceeding $4.2 trillion to fund a gigantic expansion of federal government programs.

Passage of the budget resolution (S.Con.Res.14) came on the heels of Senate passage of a $1.2 trillion infrastructure package, which Hyde-Smith also opposed as another Democrat-led budget buster.

“There’s an old saying that money doesn’t grow on trees.  This is a lesson lost on Democrats whose intent to spend trillions upon trillions of taxpayer dollars to grow government is astounding by any measure,” Hyde-Smith said.

“I believe the Democrats’ $4.2 trillion reckless tax and spending resolution represents an alarming jump toward a socialist federal government that imposes itself into every home, every business, and every organization in this country.  It embraces a soaring national debt with a hope and a prayer that new taxes and more spending will save us.  For this and many other reasons, I emphatically voted against this plan,” she said.

Among the problematic issues in the Democrats’ Reckless Tax and Spend Plan:

·       $4.2 trillion in new spending over 10 years, including $3.5 trillion in new mandatory spending and $263 billion in new discretionary spending.

·       No restrictions on the amount of tax increases allowed under this budget resolution or through the fast-track reconciliation process.

·       An unenforceable provision to prevent raising taxes on anyone earning less than $400,000.

·       Allows the national debt to soar to $40 trillion (119% of GDP) by 2031.

·       Anticipates deficits that average $1.6 trillion annually, reaching $2.2 trillion by 2031.

·       Permits effective flat lined defense investments, resulting in nearly $400 billion in defense cuts compared to current law projections.

MageeNews.com is an online news source serving Simpson and surrounding counties as well as the State of Mississippi.

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Patrice, wife of Greg Boykin & mother of two sons, Bradley & Alex, is a Magee hometown girl. Patrice retired after 25 years in the Insurance industry and 23 of those years were with State Farm Insurance in Magee. She is very active in the community where she served as Secretary for the Magee Touchdown Club for 18 years and President of the MS Scholars of Simpson County. She was elected to a term on the Simpson County School Board. She has served on the Board of Directors for the Magee Chamber of Commerce. She serves on the Keep Magee Beautiful Committee and is a member of the Advisory Committee for the Simpson County Technical Center. Multiple times, Patrice was named Parent of the Year for Magee Schools as well as District Parent of the Year. Patrice & her family are members of New Hope Baptist Church.

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