Congressional Record, Senate — June 14, 2022, S2940

Summary

This is S2940 of the Congressional Record, Senate, June 14, 2022, listing introduced bills, submitted resolutions, and additional cosponsors, with interleaved columns. The introduced bills include S. 4393, to modify the maximum capital gains tax rate, S. 4399, by Mr. Brown and others, to require the purchase of domestically made flags of the United States of America for use by the Federal Government, and S. 4402, by Mr. Booker, to direct the Attorney General to establish a grant program for violent incident clearance. The submitted resolutions include S. Res. 671, celebrating the 245th anniversary of the creation of the flag of the United States, and S. Res. 674, celebrating the 75th anniversary of the Marshall Plan, and the page lists additional cosponsors of numerous bills.

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“Congressional Record, Senate — June 14, 2022, S2940.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2022-06-14-crec-2022-06-14-pt1-pgs2940-2-722b6f121f/, SHA-256 fd6c07fa8cd27fa4532cd2f89b8f60e54fab8b3772e877a6da02ae8292bc2c1b.

Full text

S2940 CONGRESSIONAL RECORD — SENATE June 14, 2022
LANKFORD, Mr. YOUNG, and Mr. CAS- SUBMISSION OF CONCURRENT AND WYDEN) and the Senator from Min-
SIDY): SENATE RESOLUTIONS nesota (Ms. SMITH) were added as co-
S. 4393. A bill to amend the Internal Rev- The following concurrent resolutions sponsors of S. 1116, a bill to amend
enue Code of 1986 to modify the maximum chapter 81 of title 5, United States
and Senate resolutions were read, and
capital gains tax rate, to modify the tax on Code, to create a presumption that a
net investment income, and for other pur- referred (or acted upon), as indicated:
By Mr. KING (for himself and Ms. COL- disability or death of a Federal em-
poses; to the Committee on Finance.
By Mr. RUBIO (for himself and Mr. LINS): ployee in fire protection activities
SCOTT of Florida): S. Res. 670. A resolution encouraging the caused by any of certain diseases is the
Secretary of the Air Force to designate the result of the performance of such em-
S. 4394. A bill to modify the minimum re- Maine Air National Guard 101st Air Refuel-
quired weight of orange juice soluble solids; ployees duty, and for other purposes.
ing Wing as a center of excellence for addi-
to the Committee on Health, Education, S. 1151
tive manufacturing technology; to the Com-
Labor, and Pensions. mittee on Armed Services. At the request of Mr. BLUMENTHAL,
By Mr. SCOTT of Florida (for himself By Mr. BRAUN (for himself, Mr. the name of the Senator from New Jer-
and Mr. LUJÁN): GRASSLEY, Mr. CASSIDY, Mr. CRUZ, sey (Mr. BOOKER) was added as a co-
S. 4395. A bill to allow grantees under the Mr. MARSHALL, Mr. RISCH, Mr. SCOTT sponsor of S. 1151, a bill to amend title
HIV Health Care Services Program to allo- of Florida, Mr. MORAN, Mrs. HYDE- 38, United States Code, to provide for a
cate a portion of such funding for services to SMITH, Mr. BOOZMAN, Mr. TILLIS, Mr.
individuals at risk of acquiring HIV; to the
presumption of service connected dis-
HAGERTY, Mr. INHOFE, Mr. HOEVEN,
Committee on Health, Education, Labor, and and Mr. LEE): ability for certain veterans who served
Pensions. S. Res. 671. A resolution celebrating the in Palomares, Spain, and for other pur-
By Ms. DUCKWORTH: 245th anniversary of the creation of the flag poses.
S. 4396. A bill to require the Secretary of of the United States and expressing support S. 1378
Defense to conduct a study on providing ben- for the Pledge of Allegiance; considered and
agreed to. At the request of Ms. COLLINS, the
efits under TRICARE Reserve Select and the name of the Senator from Colorado
TRICARE dental program to members of the By Mr. LUJÁN (for himself, Mr. BRAUN,
Mr. VAN HOLLEN, and Mr. RUBIO): (Mr. HICKENLOOPER) was added as a co-
Selected Reserve and their dependents; to
the Committee on Armed Services.
S. Res. 672. A resolution expressing support sponsor of S. 1378, a bill to amend the
for the designation of May 2022 as ‘‘Stroke Animal Welfare Act to allow for the re-
By Mr. LANKFORD: Awareness Month’’; considered and agreed tirement of certain animals used in
S. 4397. A bill to authorize the Secretary of to.
Defense to build capacity for counter-un- Federal research, and for other pur-
By Ms. KLOBUCHAR (for herself and
manned aircraft systems operations; to the Mr. BLUNT): poses.
Committee on Foreign Relations. S. Res. 673. A resolution authorizing the S. 1388
By Mr. WHITEHOUSE (for himself, Ms. Committee on Rules and Administration to At the request of Mr. GRASSLEY, the
WARREN, Mr. MARKEY, Mr. BROWN, prepare a revised edition of the Standing name of the Senator from Oklahoma
Mr. SANDERS, and Ms. KLOBUCHAR): Rules of the Senate as a Senate document;
considered and agreed to.
(Mr. LANKFORD) was added as a cospon-
S. 4398. A bill to allow Juvenile Justice and sor of S. 1388, a bill to require the Fed-
Delinquency Prevention Program assistance By Mr. MENENDEZ (for himself and
Mr. RISCH): eral Trade Commission to study the
be used to reduce racial and ethnic dispari-
ties, and for other purposes; to the Com-
S. Res. 674. A resolution celebrating the role of intermediaries in the pharma-
75th anniversary of the Marshall Plan and ceutical supply chain and provide Con-
mittee on the Judiciary.
recognizing the role of the Marshall Plan as gress with appropriate policy rec-
By Mr. BROWN (for himself, Ms. COL-
the foundation of a transatlantic community
LINS, Mr. MANCHIN, and Mr. SCOTT of ommendations, and for other purposes.
committed to the preservation of peace,
Florida): S. 1489
prosperity, and democracy; to the Com-
S. 4399. A bill to require the purchase of do- mittee on Foreign Relations. At the request of Mr. MENENDEZ, the
mestically made flags of the United States of name of the Senator from Wyoming
f
America for use by the Federal Government;
(Mr. BARRASSO) was added as a cospon-
to the Committee on Homeland Security and ADDITIONAL COSPONSORS
Governmental Affairs. sor of S. 1489, a bill to amend the In-
S. 467 spector General Act of 1978 to establish
By Mr. BURR (for himself and Mr.
CASEY): At the request of Ms. MURKOWSKI, the an Inspector General of the Office of
name of the Senator from Maryland the United States Trade Representa-
S. 4400. A bill to amend the Internal Rev-
enue Code of 1986 to allow for special roll- (Mr. VAN HOLLEN) was added as a co- tive, and for other purposes.
overs to Roth IRAs from long-term qualified sponsor of S. 467, a bill to amend the S. 1530
tuition programs; to the Committee on Fi- Public Health Service Act to establish
At the request of Mr. SANDERS, the
nance. a program to improve the identifica-
name of the Senator from Massachu-
By Mr. RUBIO (for himself and Mr. tion, assessment, and treatment of pa-
COTTON):
setts (Mr. MARKEY) was added as a co-
tients in hospital emergency depart-
sponsor of S. 1530, a bill to amend the
S. 4401. A bill to modify the Freedom of In- ments who are at risk of suicide, and
Child Nutrition Act of 1966 and the
formation Act, and for other purposes; to the for other purposes.
Committee on the Judiciary. Richard B. Russell National School
S. 749
By Mr. BOOKER: Lunch Act to make breakfasts and
At the request of Ms. HASSAN, the
S. 4402. A bill to direct the Attorney Gen- lunches free for all children, and for
names of the Senator from Virginia
eral to establish a grant program to estab- other purposes.
(Mr. KAINE) and the Senator from
lish, implement, and administer the violent S. 1532
North Carolina (Mr. TILLIS) were added
incident clearance and technology investiga- At the request of Mr. KAINE, the
tive method, and for other purposes; to the as cosponsors of S. 749, a bill to amend
the Internal Revenue Code of 1986 to name of the Senator from Montana
Committee on the Judiciary.
By Mr. CORNYN (for himself, Mr. enhance tax benefits for research ac- (Mr. TESTER) was added as a cosponsor
COONS, and Mr. KENNEDY): tivities. of S. 1532, a bill to provide a work op-
S. 4403. A bill to amend the Higher Edu- S. 809 portunity tax credit for military
cation Act of 1965 to provide for a civics and At the request of Mr. MERKLEY, the spouses and to provide for flexible
history education program; to the Com- name of the Senator from Minnesota spending arrangements for childcare
mittee on Health, Education, Labor, and (Ms. KLOBUCHAR) was added as a co- services for uniformed services fami-
Pensions. sponsor of S. 809, a bill to encourage lies.
By Ms. ERNST (for herself, Mr. and facilitate efforts by States and S. 1544

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MANCHIN, Mr. DAINES, Mrs. BLACK-
BURN, Mr. SCOTT of Florida, Mr. KING,
other stakeholders to conserve and sus- At the request of Mr. GRASSLEY, the
and Mr. PETERS): tain the western population of mon- name of the Senator from Maryland
arch butterflies, and for other pur- (Mr. VAN HOLLEN) was added as a co-
S. 4404. A bill to authorize certain actions
to address domestic industrial base short- poses. sponsor of S. 1544, a bill to amend title
falls, and for other purposes; to the Com- S. 1116 XIX of the Social Security Act to
mittee on Banking, Housing, and Urban Af- At the request of Mr. CARPER, the streamline enrollment under the Med-
fairs. names of the Senator from Oregon (Mr. icaid program of certain providers

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June 14, 2022 CONGRESSIONAL RECORD — SENATE S2941
across State lines, and for other pur- from Nebraska (Mr. SASSE) were added fluent limitations guidelines and
poses. as cosponsors of S. 3421, a bill to clarify standards and water quality criteria
S. 2280 that section 107 of the Countering for perfluoroalkyl and polyfluoroalkyl
At the request of Mr. YOUNG, the America’s Adversaries Through Sanc- substances under the Federal Water
name of the Senator from Montana tions Act applies sanctions with re- Pollution Control Act, and for other
(Mr. DAINES) was added as a cosponsor spect to unmanned combat aerial vehi- purposes.
of S. 2280, a bill to provide PreCheck to cles following a 2019 change by the S. 4171
certain severely injured or disabled United Nations providing additional At the request of Mr. MENENDEZ, the
veterans, and for other purposes. clarity to the United Nations Register name of the Senator from Delaware
S. 2340 of Conventional Arms. (Mr. COONS) was added as a cosponsor
At the request of Mr. MENENDEZ, the S. 3607
of S. 4171, a bill to reauthorize the
name of the Senator from Virginia (Mr. At the request of Mr. WHITEHOUSE, Trafficking Victims Protection Act of
KAINE) was added as a cosponsor of S. the names of the Senator from Georgia 2000, and for other purposes.
2340, a bill to improve the safety and (Mr. WARNOCK) and the Senator from S. 4182
security of the Federal judiciary. Maryland (Mr. VAN HOLLEN) were
added as cosponsors of S. 3607, a bill to At the request of Ms. BALDWIN, the
S. 2569
award a Congressional gold medal, col- name of the Senator from New York
At the request of Mrs. GILLIBRAND, (Mrs. GILLIBRAND) was added as a co-
the name of the Senator from Illinois lectively, to the First Rhode Island
Regiment, in recognition of their dedi- sponsor of S. 4182, a bill to direct the
(Ms. DUCKWORTH) was added as a co- Secretary of Labor to issue an occupa-
sponsor of S. 2569, a bill to enhance the cated service during the Revolutionary
War. tional safety and health standard that
rights of domestic workers, and for requires covered employers within the
other purposes. S. 3909
health care and social service indus-
S. 2920 At the request of Mr. KAINE, the tries to develop and implement a com-
At the request of Mr. WARNOCK, the names of the Senator from California prehensive workplace violence preven-
name of the Senator from California (Mrs. FEINSTEIN), the Senator from tion plan, and for other purposes.
(Mr. PADILLA) was added as a cosponsor Montana (Mr. TESTER) and the Senator
S. 4202
of S. 2920, a bill to provide downpay- from New Jersey (Mr. BOOKER) were
ment assistance to first-generation added as cosponsors of S. 3909, a bill to At the request of Ms. COLLINS, the
homebuyers to address amend the Internal Revenue Code of name of the Senator from Oklahoma
multigenerational inequities in access 1986 to make employers of spouses of (Mr. INHOFE) was added as a cosponsor
to homeownership and to narrow and military personnel eligible for the of S. 4202, a bill to require an annual
ultimately close the racial homeowner- work opportunity credit. budget estimate for the initiatives of
ship gap in the United States, and for S. 4105 the National Institutes of Health pur-
other purposes. At the request of Mr. BROWN, the suant to reports and recommendations
names of the Senator from North Da- made under the National Alzheimer’s
S. 3021
kota (Mr. HOEVEN), the Senator from Project Act.
At the request of Ms. SINEMA, the
Montana (Mr. TESTER) and the Senator S. 4278
names of the Senator from Arkansas
(Mr. COTTON), the Senator from Mis- from Missouri (Mr. BLUNT) were added At the request of Mrs. FEINSTEIN, the
sissippi (Mr. WICKER), the Senator from as cosponsors of S. 4105, a bill to treat name of the Senator from Oregon (Mr.
North Dakota (Mr. CRAMER), the Sen- certain liquidations of new motor vehi- MERKLEY) was added as a cosponsor of
ator from Alaska (Ms. MURKOWSKI) and cle inventory as qualified liquidations S. 4278, a bill to amend title 18, United
the Senator from Arkansas (Mr. BOOZ- of LIFO inventory for purposes of the States Code, to prohibit the purchase
MAN) were added as cosponsors of S. Internal Revenue Code of 1986. of certain firearms by individuals
3021, a bill to provide non-medical S. 4111 under 21 years of age, and for other
counseling services for military fami- At the request of Mr. HOEVEN, the purposes.
lies. names of the Senator from Idaho (Mr. S. 4293
S. 3091 CRAPO) and the Senator from Idaho At the request of Ms. CANTWELL, the
At the request of Mr. OSSOFF, the (Mr. RISCH) were added as cosponsors of name of the Senator from Indiana (Mr.
name of the Senator from New Mexico S. 4111, a bill to support research and BRAUN) was added as a cosponsor of S.
(Mr. HEINRICH) was added as a cospon- State management efforts relating to 4293, a bill to prevent unfair and decep-
sor of S. 3091, a bill to amend the Inter- chronic wasting disease, and for other tive acts or practices and the dissemi-
nal Revenue Code of 1986 to establish purposes. nation of false information related to
the advanced solar manufacturing pro- S. 4120 pharmacy benefit management services
duction credit. At the request of Mr. REED, the for prescription drugs, and for other
S. 3293 names of the Senator from Idaho (Mr. purposes.
At the request of Mr. TESTER, the CRAPO) and the Senator from Pennsyl- S. 4359
name of the Senator from Georgia (Mr. vania (Mr. CASEY) were added as co-
At the request of Mr. OSSOFF, the
OSSOFF) was added as a cosponsor of S. sponsors of S. 4120, a bill to maximize
names of the Senator from Florida (Mr.
3293, a bill to expand access of veterans discovery, and accelerate development
RUBIO), the Senator from Utah (Mr.
to mental health care from the Depart- and availability, of promising child-
ROMNEY), the Senator from North
ment of Veterans Affairs, and for other hood cancer treatments, and for other
Carolina (Mr. TILLIS), the Senator from
purposes. purposes.
Arkansas (Mr. BOOZMAN), the Senator
S. 3318 S. 4127
from Tennessee (Mrs. BLACKBURN), the
At the request of Mr. COTTON, the At the request of Mr. KENNEDY, the Senator from Florida (Mr. SCOTT), the
name of the Senator from Oklahoma name of the Senator from Maryland Senator from North Carolina (Mr.
(Mr. LANKFORD) was added as a cospon- (Mr. VAN HOLLEN) was added as a co- BURR), the Senator from Washington
sor of S. 3318, a bill to deter foreign fi- sponsor of S. 4127, a bill to amend the (Mrs. MURRAY), the Senator from Cali-
nancial institutions from providing Securities Exchange Act of 1934 to ad- fornia (Mrs. FEINSTEIN) and the Sen-
banking services for the benefit of for- dress disclosures by directors, officers, ator from Alabama (Mr. SHELBY) were

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eign terrorist organizations and from and principal stockholders of foreign added as cosponsors of S. 4359, a bill to
facilitating or promoting payments for private issuers, and for other purposes. designate the regional office of the De-
acts of terrorism. S. 4161 partment of Veterans Affairs in metro-
S. 3421 At the request of Mrs. GILLIBRAND, politan Atlanta as the ‘‘Senator John-
At the request of Mr. RISCH, the the name of the Senator from New Jer- ny Isakson Department of Veterans Af-
names of the Senator from Connecticut sey (Mr. BOOKER) was added as a co- fairs Atlanta Regional Office’’, and for
(Mr. BLUMENTHAL) and the Senator sponsor of S. 4161, a bill to establish ef- other purposes.

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S2942 CONGRESSIONAL RECORD — SENATE June 14, 2022
S. 4369 tion for inflation is just more of the you how these policies made things
At the request of Mr. MARSHALL, the same old Democratic tax-and-spend worse by reducing supply. The result
names of the Senator from North Da- agenda. We still hear rumors that there was of rampant shortages, most nota-
kota (Mr. CRAMER), the Senator from may be some version of Build Back bly with gas lines all around the block.
Missouri (Mr. HAWLEY), the Senator Better. Just think. If that original When addressing inflation, Congress
from Oklahoma (Mr. LANKFORD) and version of Build Back Better had must be guided by the principle: First,
the Senator from Idaho (Mr. CRAPO) passed, we would have had another $4.5 do no harm. The Democrats’ proposal
were added as cosponsors of S. 4369, a trillion in additional spending feeding has failed this principle miserably.
bill to allow States and local edu- the fires of inflation. Thank God for 50 The fact of the matter is that, once
cational agencies to use any remaining Republicans and Senator MANCHIN that the inflation fire gets started, it is
COVID–19 elementary and secondary that has not happened. hard to put out. Just think: Just a few
school emergency relief funds for Several Democrats have argued for months ago, inflation was transitory,
school security measures. hiking taxes to combat inflation. How- and then it got up to 6 percent, 7 per-
S. 4376 ever, their proposed tax hikes on job cent, 8.3 percent. Then somebody said
At the request of Mr. COTTON, the creators would suppress business in- last month that it was going to cool
name of the Senator from Arkansas vestment, lowering productivity. This off, but it is up to 8.6 percent. The Fed-
(Mr. BOOZMAN) was added as a cospon- would be counterproductive at a time eral Reserve is best suited for reining
sor of S. 4376, a bill to amend title 18, when consumers’ demands far outpace in inflation given its control over the
United States Code, relating to sen- supply. We need more production, not money supply.
tencing of armed career criminals. less, to combat unchecked inflation. As Milton Friedman said:
Moreover, the proposed Democratic Inflation is always and everywhere a mone-
S.J. RES. 20
tax hikes would be passed on to the tary phenomenon.
At the request of Mr. DAINES, the This doesn’t mean Congress is help-
middle class in the form of lower wages
names of the Senator from Iowa (Mr. less when it comes to responding to in-
and higher prices. These tax hikes
GRASSLEY) and the Senator from Wyo- flation. The most important thing that
would further squeeze a middle class
ming (Mr. BARRASSO) were added as co- Congress can do is stop spending like
that is already enduring the worst of
sponsors of S.J. Res. 20, a joint resolu- drunken sailors. Even better would be
inflation.
tion proposing an amendment to the I just complimented Senator to trim the budget to eliminate unnec-
Constitution of the United States au- MANCHIN for putting a stop to Build essary spending.
thorizing the Congress to prohibit the Back Better. When it comes to some of Congress can also provide targeted
physical desecration of the flag of the the original tax policies we have heard inflation relief. However, it must be
United States. from the Democrats, we can thank done in a way that won’t add to our
f Senator SINEMA, another Democrat, for growing debt or further fuel the flames
STATEMENTS ON INTRODUCED stepping in and bringing at least some of inflation. One way to do this is by
BILLS AND JOINT RESOLUTIONS common sense to tax policy, even providing targeted inflation relief that
though it wasn’t a complete change of incentivizes and rewards taxpayers who
By Mr. GRASSLEY (for himself, that tax policy. Raising taxes on job save rather than spend.
Mr. BARRASSO, Mr. DAINES, Mr. creation isn’t the only misguided tax With today’s high inflation, many in
LANKFORD, Mr. YOUNG, and Mr. proposal. While many consumer prod- the middle class could see most or even
CASSIDY): ucts are in short supply, ill-conceived all of their savings and investment
S. 4393. A bill to amend the Internal Democratic proposals are not. gains wiped out by the inflation that is
Revenue Code of 1986 to modify the In addition to reckless tax hikes on upon us. Yet, even though middle class
maximum capital gains tax rate, to businesses broadly, Democrats have savers may be losing money in real
modify the tax on net investment in- proposed providing consumer gas re- terms, they are still taxed on all gains
come, and for other purposes; to the bates, forgiving student loan debt, im- and interest income as if inflation
Committee on Finance. posing windfall profit taxes on oil and doesn’t exist. This creates a perverse
Mr. GRASSLEY. Mr. President, I gas, and implementing price controls. incentive that encourages taxpayers to
come to the floor to tell my colleagues None of these proposals would help consume today rather than to save
about a bill I am introducing today to tamp down inflation. Instead, they today. This can push up the demand for
encourage savings. To set the stage for would only make things worse—much goods and services, forcing prices high-
the necessity of that bill, I am going to worse. er and further fueling inflation.
speak for a minute about the obstacles Instead of providing relief, gas re- To help counter the current bias in
that this administration’s economic bates would increase demand, driving favor of consumption, I now come to
policies—particularly inflation—have prices higher. Forgiving student loans my proposal, a proposal subjecting
put in that give need for such legisla- would have a similar effect and would most middle class savings and invest-
tion. be horribly counterproductive and, at ment income to zero tax.
On Friday, we learned that inflation the same time, would be very unfair to Now, this isn’t a silver bullet in the
surged to 8.6 percent, a new 40-year those students who have already paid fight against inflation. Ultimately, the
high for inflation. Inflation is the No. 1 off their student loans. Federal Reserve will have to do the
concern that I hear from Iowans as I do Yet you don’t have to take CHUCK heavy lifting. However, unlike counter-
my 99-county tour throughout the GRASSLEY’s word for it. Prominent productive Democrat policies, my pro-
State over the course of a year. I hear Democratic economist Larry Summers posals would incentivize and reward
how rising prices, particularly for food has said that student debt cancelation saving. As a result, it would get relief
and energy, are cutting into budgets, would be ‘‘regressive, uncertainty cre- to the middle class without further
making it difficult to make ends meet. ating, untargeted and inappropriate at fueling consumer demand or reducing
Moreover, I hear from Iowans who a time when the economy is [already] production and supply.
are concerned that inflation is eating overheated.’’ The title of the bill is the ‘‘Middle-
into their savings. That gets to the Windfall profit taxes and price con- Class Savings and Investment Act.’’
purpose of the legislation I am going to trols may be the worst of all of the pro- Under that bill, taxpayers in the 22-
soon talk about. This is particularly posals. percent individual income tax bracket
true for seniors who are living on fixed That should have been learned from and lower would pay zero tax on their

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budgets and are dependent on their the Nixon administration when he long-term capital gains and dividend
savings and investment income to keep froze prices and wages. It was a dis- income. Moreover, my proposal would
their heads above water. aster—part of the cause of the great in- allow individuals to exclude a reason-
Yet President Biden and congres- flation of the 1970s. There were disas- able amount of interest income from
sional Democrats continue to ignore trous consequences then as a result of tax. For 2022, the combination of those
the damage done by their reckless tax- what happened in the 1970s. Anyone proposals means an individual with a
and-spending agenda. Sadly, their solu- who lived through that time can tell taxable income of below $89,075 or a

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