Representative Mike Lawler (R-NY) said Thursday on CNN’s “News Central” that Vice President Kamala Harris’ policies will push the United States into recession.
“Let’s focus on where we are today,” Lawler said. Prices for groceries, for energy, for housing are skyrocketing. The average cost of a mortgage in my district is over $1,000 per month. It’s $12,000 per year under Kamala Harris and Joe Biden. So we have to get our economy right. We have to bring down inflation, yes but also prices, which means we have to rein in government spending. Under Kamala Harris and Joe Biden, government spending increased by $5 trillion. That’s what gives us record inflation and high prices for groceries and goods. So we have to rein in spending.
He continued, “Twenty-eight percent will disrupt our economy. It will disrupt our economy. Right now in our economy, the corporate tax rate is 21%. Tax revenue is highest ever. Why? Because many corporations have brought back business from overseas, including the United States, from China. What we have to focus on is making sure that, you know, advanced manufacturing happens here in the United States.”
Lawler added, “Kamala Harris’ plan will raise taxes on corporations. It will raise taxes on individuals. And she is proposing a massive increase in the federal bureaucracy with trillions of dollars in new spending, on top of the $5 trillion spent during the first two years of the Biden administration. Kamala Harris’s policies will put us in a recession. There is no question about it.”
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