The National Republican Congressional Committee started a digital advertising campaign to target House Democrats like U.S. House Representatives Marcy Kaptur (D-OH-09), Greg Landsman (D-OH-01), and Emilia Sykes (D-OH-13) for their contribution towards reckless spending that is putting America on the brink of debt default.
This follows these representatives’ recently voting against the GOP debt ceiling bill, which aims to address the debt ceiling and implement common sense spending reforms to limit wasteful spending, save taxpayer dollars, and grow the economy.
According to National Republican Congressional Committee Spokesman Chris Gustafson, these lawmakers are so addicted to spending taxpayer money they are willing to tank the economy.
“Marcy Kaptur (pictured above, left), Greg Landsman (pictured above, right), and Emilia Sykes (pictured above, center) are so addicted to spending taxpayer money and saddling future generations with debt that they’re willing to tank the economy. Refusing to rein in the reckless spending problem you created isn’t a plan,” Gustafson said.
House Republicans Limit, Save, Grow Act would repeal unspent COVID relief funds, repeal most of the Inflation Reduction Act’s (IRA) expansions to energy and climate tax credits, repeal the IRA’s increased funding for the Internal Revenue Service (IRS), change energy, regulatory, and permitting policies, impose or expand work requirements in certain sectors, and return total discretionary spending to the Fiscal Year (FY) 2022 level in FY 2024.
President Joe Biden touted the Democrats’ so-called ‘Inflation Reduction Act,’ successor to the House-passed Build Back Better Act of late 2021, too, among other things, to help reduce the country’s inflation.
Democrats claimed that the act would ensure the wealthiest Americans and corporations pay their “fair share” by closing tax loopholes and boosting IRS funding, all without raising taxes on anyone making less than $400,000 annually.
Nonpartisan analysis, however, revealed that the legislation would increase taxes on low- and middle-income Americans during a period of declining gross domestic product and high inflation; it would also increase taxes on manufacturers, exacerbate supply-chain disruptions, cost American jobs and investment, and do very little to lower inflation.
Biden’s most recent budget proposal, which many consider his biggest tax increase to date, will only worsen things for Ohio taxpayers by hiking income tax rates to the highest levels in the industrialized world.
The president would increase revenues by $4 trillion on a gross basis during the following ten years when combined with the tax increases in the Build Back Better Act, which the budget assumes passes into law. Economic growth would be harmed by the Biden tax increases in the budget and the Build Better Back Act, which would undermine investment incentives and productive capacity at the worst possible time.
According to the National Republican Congressional Committee advertisement, Democrats like Kaptur, Landsman, and Sykes refuse to solve the spending crisis they helped create by voting against the Limit, Save, Grow Act.
“Democrats maxed out our nation’s credit card with reckless spending jacking up inflation to historic highs. now they refuse to solve the spending crisis they created voting against a common sense plan to tackle the government spending problem cut red tape and curb our dependence on China our economy hangs in the balance seven million people could lose their jobs extreme democrats are addicted to spending your money and you are paying the price,” the advertisement says.
Ohio Republican U.S. House Representatives Bill Johnson (R-OH-06), Troy Balderson (R-OH-02), Brad Wenstrup (R-OH-02), Max Miller (R-OH-07), Warren Davidson (R-OH-08), and U.S. Senator JD Vance (R-OH) have called on Democrats and President Biden to negotiate with them to address the nations growing debt with no success.
The White House has posted a report outlining the possible economic repercussions of inaction on the debt ceiling. The report warns that failure to increase or suspend the debt ceiling might trigger a recession, leaving the nation in worse shape than in 2008.
– – –
Hannah Poling is a lead reporter at The Ohio Star and The Star News Network. Follow Hannah on Twitter @HannahPoling1. Email tips to [email protected].
Photo “Marcy Kaptur” by Representative Marcy Kaptur. Photo “Greg Landsman” by U.S. Congress. Photo “Emilia Sykes” by Emilia Sykes. Background Photo “U.S. Captol” by Julius Tejeda.