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WASHINGTON, DC -- Even while Americans are paying the highest prices in 40 years, Washington Democrats passed a bill today that will increase inflation once again, investing $350 million in their extreme Green New Deal and $80 billion for the IRS to hire 87,000 new agents to increase audits. U.S. Rep. Hal Rogers (KY-05) voted against the Democrat-led legislation that will increase taxes and burden the American people with more unexpected costs.
"This bill is appalling. We're in the middle of a recession and Democrats just voted to raise taxes on millions of Americans and to send more IRS agents to knock on the doors of Main Street businesses and our middle-class families," said Congressman Rogers, Dean of the U.S. House of Representatives. "The bill also creates an American Energy Tax, which will increase fees and taxes on oil production and methane, which will ultimately result in higher gas prices and energy bills while Americans are already struggling to afford a tank of gas."
The Joint Committee on Taxation estimates that as much as 90% of the funds raised by additional IRS audits will be from taxpayers making less than $200,000 a year.
The bill raises taxes on Americans in every income bracket, including those earning less than $400,000 per year. It also implements socialist price control schemes for prescription drugs that will negatively impact seniors, patients, those with rare diseases, and their families.
"There are new costs at every turn, including an increase in prices for new prescription drugs and higher insurance premiums for families who can't afford another unexpected bill. The American people deserve better and our nation can't afford another $132 billion in new debt," said Congressman Rogers.
For more information about Congressman Rogers' work in Washington and at home in Kentucky, visit halrogers.house.gov or follow him on social media.