Then we can get the bill on the president's desk. But this is very difficult because there are so many moving parts, as you noted. But we don't have any option because, because If we were to fail, and we cannot fail, that would be a multitrillion dollar tax increase on the American people on top of 40 year high inflation as a result of the incredible spending spree that the Biden administration went on. So and then given some of the uncertainty in this transition regarding world trade, obviously this is a critical component that we have to get done. (01:57–02:13)
CLAIM
Asserts that failure to pass the bill would result in a multitrillion dollar tax increase and that inflation is at a 40-year high due to spending by the Biden administration.
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