Pandemic Darlings The pandemic economy, in original documents
Home Source documents Congressional Record, Senate — September 7, 2022, S4453

Congressional Record, Senate — September 7, 2022, S4453

Summary

This is S4453 of the Congressional Record, Senate, September 7, 2022, with interleaved columns of floor remarks by Mr. Thune. Under the heading Inflation, Mr. Thune states that inflation was above 8 percent for a fifth straight month, criticizes Democrats' spending and the Inflation Reduction Act, and cites Department of Agriculture projections of record cash receipts up 14 percent in 2022 with net cash farm income down 1 percent. Under the heading Law Enforcement, Mr. Thune criticizes prosecutors' policies and Democrats' positions on border and public safety measures, with the views attributed to Mr. Thune.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“Congressional Record, Senate — September 7, 2022, S4453.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2022-09-07-crec-2022-09-07-pt1-pgs4453-2-fff727f729/, SHA-256 7a94945954e415ab04ba77c55ba5efc190de04c03279530bc9bba80b8182c7b2.

Full text

                                               September 7, 2022                                 CONGRESSIONAL RECORD — SENATE                                                                 S4453
                                               chain issues and the increased cost of                  crime district attorneys in New York,                  any Americans, least of all to the vul-
                                               building materials are hamstringing                     Philadelphia, Los Angeles, and Chi-                    nerable people Democrats say—say—
                                               the repair process and making it even                   cago.                                                  they are helping.
                                               harder to rebuild.                                         The Los Angeles DA has presided                       I suggest the absence of a quorum.
                                                 I am sure my Democratic colleagues                    over a 69-percent increase in shootings                  The ACTING PRESIDENT pro tem-
                                               heard similar stories during their own                  and a 40-percent spike in car thefts.                  pore. The clerk will call the roll.
                                               August travel. Kentuckians aren’t the                   Chicago’s liberal DA ‘‘appeared to be                    The senior assistant legislative clerk
                                               only Americans feeling pinched.                         simply dropping nearly 30 percent of all               proceeded to call the roll.
                                                 The official inflation numbers con-                   felony cases, including’’—listen to                      Mr. THUNE. Mr. President, I ask
                                               firmed that yet again just after the                    this—‘‘alleged     murders.’’   Philadel-              unanimous consent that the order for
                                               Senate adjourned last month—a fifth                     phia’s liberal DA has presided over an                 the quorum call be rescinded.
                                               straight month of inflation above 8 per-                85-percent spike in shootings and a                      The ACTING PRESIDENT pro tem-
                                               cent. Inflated gas prices, inflated util-               huge increase in murders since he took                 pore. Without objection, it is so or-
                                               ity bills, the worst explosion in grocery               over.                                                  dered.
                                               costs since 1979—these are the painful                     In the name of equity or compassion,                                  INFLATION
                                               effects of Democrats’ reckless spend-                   these people are announcing they will                    Mr. THUNE. Mr. President, some-
                                               ing.                                                    not prosecute entire categories of                     times around here, in what a lot of peo-
                                                 Americans keep communicating over                     crimes. No wonder American cities are                  ple refer to as the ‘‘ivory tower,’’ we
                                               and over and over that runaway costs                    becoming more dangerous by the day.                    talk about issues like they are abstract
                                               are their top concern, and they didn’t                     A couple years back, a former DA                    issues, like they don’t have any real
                                               like what President Biden and his                       from outside Boston published a list of                world effect. And I just wanted to
                                               party are doing about it.                               crimes she would not prosecute: shop-                  touch on something, before I begin on
                                                 Ah, but amazingly, just a few days                    lifting, breaking and entering, resist-                my other subject here today, which is
                                               before the latest inflation report,                     ing arrest, and, even in the middle of                 related to recent information that has
                                               Democrats had just pushed through                       the opioid crisis, possession with intent              been put out by the Department of Ag-
                                               hundreds of billions of dollars more in                 to distribute. As a reward, Washington                 riculture, the USDA’s Economic Re-
                                               liberal waste on a party-line basis.                    Democrats made Rachel Rollins the                      search Service, which is the arm that
                                               Democrats packed their bill with an                     U.S. attorney for Massachusetts. She                   does projections on the economy and
                                               environmentalist wish list that won’t                   got a promotion.                                       the farm economy, generally. What
                                               even affect climate. They sold it—lis-                     Just last month, Senator RUBIO put                  they are now concluding is that in 2022,
                                               ten to this—as an Inflation Reduction                   forward an amendment to increase                       there are going to be record cash re-
                                               Act even though experts found it would                  funding for cops and keeping violent                   ceipts—record cash receipts—crop pro-
                                               do absolutely nothing meaningful to                     criminals behind bars. Democrats                       duction, livestock production—record
                                               reduce inflation. They did find room                    blocked it.                                            levels, 14-percent higher year over
                                               for massive, job-killing tax hikes that                    Every Senate Democrat has also                      year. But what they go on to say is
                                               will hit manufacturing especially hard                  voted multiple times to strip Customs                  that even with record cash receipts up
                                               and kill jobs on the brink of a possible                and Border Protection of the only re-                  by 14 percent, net cash farm income is
                                               recession.                                              maining emergency authorities to con-                  going to be down. Net cash farm in-
                                                 It is not getting any easier to put                   tend with the historic surge in illegal                come is going to be down by 1 percent.
                                               food on the table, pay rent, or even                    immigration unfolding on their watch.                    Why is that? Well, because if you
                                               keep the lights on, but here we are                     Of course, the open-door policies our                  look at what has increased, increased
                                               again, starting another Senate work                     colleagues support in office are rooted                costs on farmers in this country, they
                                               period with not one word from the                       in open-border rhetoric that they have                 have reached some record levels. If you
                                               Democratic leader about plans to bring                  embraced literally for years.                          look at, for example, fertilizer. Farm-
                                               bills to the floor to cut inflation, fight                 On the campaign trail, then-Can-                    ers will spend 84 percent more, or $21
                                               the crimewave, or secure the border.                    didate Biden himself said, ‘‘You want                  billion more, on fertilizers than they
                                                 The American people have commu-                       to flee . . . you should come.’’ So on                 did in 2020; 65 percent, or nearly $8 bil-
                                               nicated loud and clear what their prior-                President Biden’s watch, illegal immi-                 lion, more on fuel and oil; and more
                                               ities are, and Democrats keep commu-                    grants flocked—literally flocked—to                    than $18 billion more on feed for live-
                                               nicating loud and clear they simply do                  the border, some carrying his cam-                     stock. Then you add in, on top of that,
                                               not care.                                               paign’s flags and T-shirts.                            debt, which, for a farm operation, obvi-
                                                               LAW ENFORCEMENT                            There is an outright security crisis                ously, they are a very debt-intensive
                                                 Mr. President, now on another mat-                    at our southern border. We are in the                  operation. So with higher interest
                                               ter, inflation is not the only way the                  middle of the most illegal immigration                 rates and record farm debt of $496 bil-
                                               last 2 years have shown that bad poli-                  arrests in more than two decades. This                 lion, that is expected to increase inter-
                                               cies and bad ideas have real con-                       year, just January to August, Border                   est payments by 37 percent, or more
                                               sequences. One especially damaging                      Patrol says they have already run into                 than $7 billion, from 2020, or 2 years
                                               myth is the liberal notion that making                  nearly double the number of known                      ago.
                                               our country kinder means having                         criminals this fiscal year as they saw                   So my point, simply, is that, at least
                                               weaker public safety, weaker justice                    in the entire year—entire year—before                  in my part of the country, with corn,
                                               for criminals, and weaker borders. This                 President Biden took office and huge,                  soybeans, wheat, livestock, and cattle
                                               misunderstanding dominates today’s                      huge upticks of deadly drugs like                      prices expected to go up in record num-
                                               Democratic Party.                                       fentanyl.                                              bers in terms of overall gross farm in-
                                                 Across our country, Democrats have                       But Democrats aren’t just ignoring a                come—gross cash receipts—that you
                                               spent years—years—trying to defund                      security crisis; it is a humanitarian                  would think would lead to good times
                                               law enforcement. Studies have proven                    crisis as well. Waves of unaccompanied                 in American agriculture, because of in-
                                               that anti-police hostility changes how                  children have stretched Border Patrol’s                flation, a 14-percent increase in gross
                                               officers do their jobs, leading directly                facilities to the limit. Under incom-                  cash receipts is going to result in an
                                               to more crime, including more mur-                      petent leadership, the Department of                   actual loss, a reduction year over year
                                               ders. So liberals’ nationwide anti-po-                  Health and Human Services has had to                   from 2021, when it comes to inflation-
                                               lice PR campaign has literally cost                     scramble to help ensure the safety of                  adjusted net farm income.




SSpencer on DSK126QN23PROD with SENATE
                                               people their lives.                                     children in its custody.                                 So I make that point simply to illus-
                                                 When liberals do let police arrest                       There is nothing—nothing—compas-                    trate how critical it is that, as policy-
                                               criminals, a growing cadre of far-left                  sionate about tolerating or even en-                   makers, we acknowledge what is hap-
                                               prosecutors often simply declines to                    couraging anarchy down at the border,                  pening in the real world, because I
                                               charge them. One liberal millionaire                    violence in our streets, and a steady                  think around here the Biden adminis-
                                               has donated more than a million dol-                    erosion of public safety. It is neither                tration tries to downplay this inflation
                                               lars each to the campaigns of soft-on-                  fair, nor is it compassionate, not to                  issue like it is a nonissue.



                                         VerDate Sep 11 2014   00:21 Sep 08, 2022   Jkt 029060   PO 00000   Frm 00003   Fmt 4637   Sfmt 0634   E:\CR\FM\G07SE6.004   S07SEPT1
                                               S4454                                             CONGRESSIONAL RECORD — SENATE                                                    September 7, 2022
                                                 It is a real issue. It is hitting the                 Act would have only reduced the def-                   $10,000] of student loan relief, and breaking
                                               pocketbooks of every American in this                   icit by about $300 billion. President                  another, [which is that] all proposals [have
                                               country to the tune 81⁄2 to 9 percent for               Biden’s student loan plan will wipe out                to be] paid for, is even worse.
                                               a family. I said this before, but the                   every single dime of that reduction and                  That is from Obama economic ad-
                                               analysis is out there. For an average                   then add hundreds of billions of dollars               viser Jason Furman.
                                               family in this country, you are talking                 to the debt on top of it—so much for                     Another former Obama economic ad-
                                               about, year over year to buy the same                   the Democrats’ commitment to reduc-                    viser noted:
                                               basket of goods you bought last year,                   ing the deficit, which, I think, was a                   Student loan debt relief is spending that
                                               an additional $9,000 over last year—$700                hoax in the first place.                               raises demand and increases inflation. . . . It
                                               and some per month, year-over-year,                                                                            will also tend to be inflationary by raising
                                                                                                         There wasn’t any serious commit-
                                               month-over-month increases in costs                                                                            tuitions.
                                                                                                       ment to it, but it only took them 8
                                               for average families in this country.                   days—8 days—to wipe it out after they                    Well, there are even some current
                                               That is a $9,000 tax increase on every                  crowed about it and talked about how                   Democrat Members of Congress that
                                               family in this country.                                 they got JOE MANCHIN on board because                  have expressed their concerns about
                                                 Now, it is borne arguably more easily                 he made a commitment to deficit re-                    the President’s reckless student loan
                                               by people in high-income categories,                    duction, which was something he sup-                   decision. And the president of the Com-
                                               but if you are a working family who is                  posedly insisted on in these discus-                   mittee for a Responsible Federal Budg-
                                               trying to make ends meet and is put-                    sions. And yet here we are. Eight                      et, which, I mentioned, is where Presi-
                                               ting more and more on your credit card                  days—in 8 days it is gone.                             dent Biden’s very own Treasury Sec-
                                               or dipping into savings—and there are                     Now, I have already noted that the                   retary once served on the board, issued
                                               more and more people in this country.                                                                          a scathing statement in which she said:
                                                                                                       Committee for a Responsible Federal
                                               I just saw this number yesterday where                                                                           This announcement is gallingly reckless—
                                                                                                       Budget estimates that the President’s
                                               one out of every six Americans now is                                                                          with the national debt approaching record
                                                                                                       student loan measures will cost a stag-
                                               behind in their utility payments. There                                                                        levels and inflation surging, it will make
                                                                                                       gering half a trillion dollars over the                both worse. . . . It would do nothing to actu-
                                               are people living paycheck to pay-
                                                                                                       next decade. Here is what else the Com-                ally make education more affordable, and if
                                               check, and inflation is killing them.
                                                                                                       mittee for a Responsible Federal Budg-                 anything, this policy will drive up tuition
                                               And it is like this administration has a
                                               blind eye to that and wants to talk                     et had to say:                                         costs while raising prices on a variety of
                                                                                                         The student debt cancellation and relief             other goods and services for ordinary Ameri-
                                               about a lot of other issues. And I can                                                                         cans.
                                                                                                       measures announced . . . by the Biden ad-
                                               see why, because this is an issue I
                                                                                                       ministration . . . would meaningfully boost              This is from the Committee for a Re-
                                               would not want to have to take respon-                  inflation.
                                               sibility for.                                                                                                  sponsible Federal Budget, which is
                                                 In many respects, all the spending—                     ‘‘Would meaningfully boost infla-                    where the President’s own Treasury
                                               all the spending pushed through here,                   tion’’—that is right. Americans have                   Secretary used to serve.
                                               advocated by the President—the $2 tril-                 spent the majority of the Biden admin-                   Let me repeat that: ‘‘while raising
                                               lion last year, the American Rescue                     istration struggling with huge in-                     prices on a variety of other goods and
                                               Plan, and just in the last month, an-                   creases in the price of everything from                services for ordinary Americans.’’
                                               other $750 billion in spending and                      gas to groceries, and the President just                 Well, as the Washington Post edi-
                                               taxes, and the heavy-handed regula-                     imposed by fiat a new policy that is                   torial board noted, American taxpayers
                                               tion, the shutdown of oil and gas pro-                  likely to ‘‘meaningfully boost infla-                  will be footing the bill for the Presi-
                                               duction in this country, which drives                   tion.’’                                                dent’s student loan decision. Ordinary
                                               up the cost of energy and which is re-                    I guess it isn’t surprising. After all,              Americans will pay in the form of high-
                                               flected, as I pointed out, in a lot of                  it is thanks in large part to the Demo-                er prices. They will pay in the form of
                                               these numbers—if you look at the fuel                   crats and the President that we ended                  higher rates on loans and mortgages,
                                               costs year over year, you actually have                 up with this inflation crisis in the first             and they will pay in the form of higher
                                               a situation in American agriculture                     place.                                                 tuition costs.
                                               today where you have record gross cash                    As I mentioned earlier, their reckless                 The majority of Americans do not
                                               receipts and a reduction in inflation-                  American Rescue Plan spending spree                    have student loan debt, either because
                                               adjusted net income. That is the im-                    flooded the country with unnecessary                   they paid off their loans, never went to
                                               pact of inflation.                                      money and the economy overheated as                    college, got a scholarship, or worked
                                                      STUDENT LOAN DEBT RELIEF PLAN                    a result. But the President’s latest                   their way through college or were able
                                                 Mr. President, 8 days—8 days—that is                  reckless action underscores just how                   to go thanks to their or their parents’
                                               how long it took President Biden to                     committed Democrats are to big-spend-                  savings. Now these Americans are
                                               completely erase any of the supposed                    ing and big-government agenda.                         going to be footing the bill for the 13
                                               deficit reduction included in the Demo-                   Now, Democrats tried to suggest that                 percent of Americans who do have stu-
                                               crats’ so-called Inflation Reduction                    they had gotten serious about the                      dent loan debt. Everyone is going to
                                               Act.                                                    economy with their so-called Inflation                 have to suffer economically to provide
                                                 On August 24, 8 days after signing the                Reduction Act, even though the bill                    loan forgiveness for the few.
                                               Inflation Reduction Act into law,                       was only serious about spending tax-                     This is deeply, deeply unfair. It is un-
                                               President Biden announced that, with                    payer dollars on ill-considered prior-                 fair to expect Americans who either
                                               the stroke of his pen, he would be for-                 ities like their Green New Deal agenda.                never went to college, paid off their
                                               giving $10,000 in student loan debt,                    But the fact—the fact—that it took the                 loans, or paid their way through to
                                               $20,000 for Pell grant recipients, and                  President exactly 8 days to wipe out                   shoulder the cost of other Americans’
                                               taking other costly measures on stu-                    any deficit reduction from the Demo-                   loans.
                                               dent loans.                                             crats’ bill tells you all you need to                    The President’s decision is unfair to
                                                 The Committee for a Responsible                       know about exactly how serious Demo-                   parents who scrimped and saved to
                                               Federal Budget, which, incidentally, is                 crats are about handling taxpayer dol-                 send their children to college, rep-
                                               where Treasury Secretary Janet Yellen                   lars responsibly.                                      resenting a lot of American families; to
                                               served prior to joining the Biden ad-                     Now, I have talked for a while about                 the students who chose a lower cost
                                               ministration, estimates that, all to-                   why the President’s student loan plans                 college or worked to put themselves
                                               gether, the President’s student loan                    are such bad economic policy, but you                  through; to the men and women in uni-
                                                                                                                                                              form in the military who fought for




SSpencer on DSK126QN23PROD with SENATE
                                               changes will cost anywhere from $440                    don’t have to take my word for it. Here
                                               billion to $600 billion over the next dec-              is what former Obama economic ad-                      this country to earn money for their
                                               ade. The Penn Wharton Budget Model                      viser Jason Furman had to say about                    college education; and to the families
                                               suggests it could be even worse than                    President Biden’s student loan plans:                  struggling with high grocery bills and
                                               that, with the total cost over 10 years                   Pouring roughly half [a] trillion dollars of         high energy bills and high rent prices
                                               exceeding $1 trillion.                                  gasoline on the inflationary fire that already         who are likely to end up facing even
                                                 Now, even using the most optimistic                   is burning is reckless. Doing it while going           more price increases, thanks to the
                                               assumptions, the Inflation Reduction                    well beyond one campaign promise, [which is            President’s student loan decisions.



                                         VerDate Sep 11 2014   00:21 Sep 08, 2022   Jkt 029060   PO 00000   Frm 00004   Fmt 4637   Sfmt 0634   E:\CR\FM\G07SE6.006   S07SEPT1


File and source

File
CREC_crec-2022-09-07_crec-2022-09-07-pt1-pgs4453-2.pdf
Size
217,286 bytes
SHA-256
7a94945954e415ab04ba77c55ba5efc190de04c03279530bc9bba80b8182c7b2
Our copy
CREC_crec-2022-09-07_crec-2022-09-07-pt1-pgs4453-2.pdf
Original
www.govinfo.gov
Back to top