https://www.youtube.com/watch?v=f6HxAUYoTYc Sen. John Kennedy (R-La.) this week asked U.S. Treasury Secretary Janet Yellen about the danger of increasing America’s debt through Democrats’ tax and spending bill and about how much debt is too much for the American economy to bear. Yellen’s assertion that the spending bill is paid for contradicts estimates from the Congressional Budget … Continue reading Kennedy stumps Biden Treasury Secretary: How much debt is too much? I’m looking for a number.
The infrastructure bill’s chemical tax would cost Louisiana companies more than one billion dollars, which puts good jobs in danger. The chemical industry supports more than 100,000 jobs in our state, and this tax takes direct aim at those jobs. I urge the Senate to adopt this amendment blocking that tax.