- December 17, 2021
Marshall Legislation Stops Inflationary Spending Spree
(Washington, D.C., December 17, 2021) – U.S. Senator Roger Marshall, M.D. joined Senator Marsha Blackburn (TN) in introducing the Stop The Inflationary Spending Spree Act to increase the voting threshold from 60 votes to a 67 vote supermajority for spending packages during periods of high inflation.
“Inflation is here to stay as long as those on the left continue to throw gasoline on the fire with their reckless taxing, reckless borrowing, and reckless spending agenda. Joe Biden and the Democrats inherited a vaccine and a re-emerging economy ready to take off like a rocket ship. All they had to do was sit back and do nothing but now their out-of-control socialist spending spree has brought the highest inflation in 39 years,” said Senator Marshall. “Inflation hurts everyone but none more than our seniors and young hard working families living paycheck to paycheck. I’m proud to partner with my colleagues to introduce this legislation to halt Democrats’ out of control spending and restore a flourishing free market economy for the American people.”
Senator Marshall recently appeared on FOX News to discuss the out of control spending leading to historic inflation. You may click HERE or the image below to watch the full interview.
Background:
Earlier this month, inflation hit a near 40-year high and rose 6.8% from a year ago. The Biden administration has continued to push multi-trillion-dollar spending packages that will only fan the flames of inflation. This legislation would amend Senate Rule XXII to increase the voting threshold to two-thirds to invoke cloture on general appropriations bills during periods that the Consumer Price Index sits above 4.0%.
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