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Rob Mercuri: “Overspending in gigantic record amounts during and after the…”

Featuring: Rob Mercuri, Republican | Former Candidate, U.S. House Pennsylvania, District 17

Prosperity is Possible PA State Legislative Panel

Published September 5, 2023 | Video Starts at 16:15

And so what causes inflation and what has caused the problem that we're in now, although it is somewhat abating, is the Overspending in gigantic record amounts during and after the COVID pandemic...has caused the problem that we're in now. blow of the economic issues during COVID But clearly, as Covid as we came out of COVID and the economy was coming back and we had already done CARES Act … (16:15)

CLAIM

Claims that excessive government spending during and after COVID-19 has contributed to current economic issues.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Rob Mercuri

“Thank you for the question. In the Pennsylvania House, we are focusing on several key areas to address the economic challenges our…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 14:08-1:10:49
“We've got a gold mine under our feet in terms of energy in Pennsylvania and in particular in the West.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 15:24-15:30
“We're abandoning that part of the solution by saying that it's off limits.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 15:30-15:36
“We do need to continue to push for policies in the State House and in the Senate that will allow us to grow that portion of our economy.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 15:38-15:48
“We didn't need to overreach and do CARES Act Two, and we didn't necessarily need to overreach and do the Inflation Reduction act.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 16:38-16:46
“It's not reduced inflation at all. It's made the problem worse.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 16:53-16:57
“We do have a balanced budget, part of our constitution, which thankfully prohibits us from borrowing incredible amounts.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 17:12-17:22
“Our appropriated budget from tax revenue is $45 billion this year.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 24:18-24:24
“The shadow budget in reality is up to $80 billion a year.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 24:29-24:33
“Government regulation and legislation that's passed or regulation applied is directly harmful to the overall growth and trajectory of the…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 25:13-25:25
“We need to reduce regulation on the economy and business.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 25:45-25:49
“We need to hold that shadow budget accountable year over year.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 26:18-26:23
“Our economy is not producing the tax revenue to pay our bills.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 42:42-42:46
“As conservatives we know we can alternatively pay our bills by growing our economy and creating an industry and tax paying jobs.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 42:46-42:56
“Reggie is a part of the root of that problem.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 42:59-43:02
“As an exporting state of energy, that we're a part of this compact that is diminishing our growth, lowering our trajectory.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 43:04-43:26
“Let's employ those folks. Let's get them to work in the energy sector by repealing Reggie.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 43:25-43:31
“If we do something like the pro act here, like California did, it would snuff out those opportunities and make the cost of labor that much…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 47:44-47:52
“Yellow was the third biggest [trucking company] in the nation and went out of business because in large part their union wouldn't negotiate…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 49:19-49:47
“They lost 30,000 good paying union jobs because they wouldn't negotiate in good faith with that company.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 49:53-50:02
“We are very far from any opportunity to pass [right to work legislation] in Pennsylvania.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 50:50-50:50
“Yesterday there was an article published about a government controlled wage increase for one particular union. It was the municipal workers…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 51:28-51:42
“That same municipal workers union paid over a million dollars to Governor Shapiro's campaign.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 52:02-52:08
“Public school money got an over $500 million increase in this budget alone.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 58:05-58:17
“We would have $100 million in the budget completely separate from public school money.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 58:06-58:12
“Governor Shapiro committed to [a new program for students in failing schools] on the campaign trail and backed off after signing a deal with…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 58:51-58:59
“Revenue streams from Reggie are tied up in court because we've contested it as legal.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:00:44-1:00:51
“US Steel relocated in 2021 a plant that was going to be in the Mon Valley.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:00:53-1:01:02
“It would have created a thousand construction jobs and mostly trade jobs and it would have also created about 100 recurring jobs for…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:01:08-1:01:23
“We are at currently 101.101. There's a big race in Allegheny county that likely many of you are aware of.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:03:51-1:03:59
“A special election has been scheduled for September 18th.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:04:52-1:04:57
“We're not going to get much done in the way of new policies this year or even likely next year.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:05:31-1:05:39
“Because of that bad faith deal that the governor struck or broke, depending on how you look at it, with the budget, it's going to be even…”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:06:07-1:06:16
“We need to stand up and challenge the status quo in Harrisburg.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:11:25-1:11:30
“We need to enact better policies, including reform on licensing and permitting.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:11:46-1:11:55
“Part of, I think the hopeful future is education reform.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:11:57-1:12:03
“We talked about Lifeline scholarships and how we had a close miss on that one, but it had never been that close before.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:12:02-1:12:09
“I believe that we'll get over the goal line on [Lifeline scholarships] and other issues.”
Prosperity is Possible PA State Legislative Panel | Uploaded September 5, 2023 | 1:12:14-1:12:18