{"id":1114025,"date":"2021-12-13T09:44:17","date_gmt":"2021-12-13T14:44:17","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1114025"},"modified":"2021-12-13T09:44:19","modified_gmt":"2021-12-13T14:44:19","slug":"former-house-speaker-argues-bidens-spending-plan-is-a-direct-assault-on-americas-standard-of-living","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-house-speaker-argues-bidens-spending-plan-is-a-direct-assault-on-americas-standard-of-living\/","title":{"rendered":"Former House Speaker Argues Biden\u2019s Spending Plan Is A \u2018Direct Assault\u2019 On America\u2019s Standard Of Living"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fformer-house-speaker-argues-bidens-spending-plan-is-a-direct-assault-on-americas-standard-of-living%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1114025&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former House Speaker Newt Gingrich said on Monday that President Joe Biden\u2019s Build Back Better Plan is a \u2018direct assault\u2019 on America\u2019s standard of living.<\/p>\n<p>Gingrich shared the comments during an interview on Fox News\u2019 \u201c<a href=\"https:\/\/video.foxnews.com\/v\/6286599453001\" target=\"_blank\" rel=\"noopener\">Fox &amp; Friends<\/a>\u201d on Monday, addressing the nation\u2019s growing inflation and Biden\u2019s low approval ratings.<\/p>\n<p>\u201cI think the country understands that even more spending just increases the inflation rate. The numbers last month were the worst in 40 years,\u201d Gingrich said.<\/p>\n<p dir=\"ltr\" lang=\"en\">Newt Gingrich: Biden\u2019s Build Back Better plan is a \u2018direct assault\u2019 on America\u2019s standard of living<br \/><a href=\"https:\/\/t.co\/3ywfBfW740\">https:\/\/t.co\/3ywfBfW740<\/a><\/p>\n<p>\u2014 Kelly justice (@kjusticemotors) <a href=\"https:\/\/twitter.com\/kjusticemotors\/status\/1470391256224251908?ref_src=twsrc%5Etfw\">December 13, 2021<\/a><\/p>\n<p>\u201cIf you\u2019re a working American, or if you\u2019re an American on a limited income, you\u2019re paying more for gasoline, more for rent, more for food. It is a direct assault on the standard of living of most Americans,\u201d he added.<\/p>\n<p>Gingrich said the concern touches on something important for Democrats \u2014 the concern of losing power in the House following the 2022 midterm elections.<\/p>\n<p>\u201cHere\u2019s the problem if you\u2019re Biden and Pelosi and Schumer, you\u2019re already discounting next year and assuming you\u2019re going to get wiped out so you\u2019re trying to drive through everything to pay off your allies before the catastrophe hits,\u201d Gingrich noted.<\/p>\n<p>Some Democrat economic leaders have already warned about the increased inflation associated with the president\u2019s spending bill.<\/p>\n<p dir=\"ltr\" lang=\"en\">Obama and Clinton economist Larry Summers: Prices will be \u201chigher in 2022 and 2023 with [Biden\u2019s] Build Back Better.\u201d <a href=\"https:\/\/t.co\/golNm5m7ls\">pic.twitter.com\/golNm5m7ls<\/a><\/p>\n<p>\u2014 RNC Research (@RNCResearch) <a href=\"https:\/\/twitter.com\/RNCResearch\/status\/1469522073563418634?ref_src=twsrc%5Etfw\">December 11, 2021<\/a><\/p>\n<p>\u201cWe put in motion for the first time in 40 years, excessive inflation, caused by overheating of the economy, and that\u2019s going to have to be worked out of the system and that\u2019s probably not going to be such an easy thing,\u201d economist Larry Summers said.<\/p>\n<p>As The Daily Wire previously <a href=\"https:\/\/www.dailywire.com\/news\/top-senator-on-bidens-build-back-better-people-will-end-up-paying-more-for-just-about-everything\" target=\"_blank\" rel=\"noopener\">reported<\/a>:<\/p>\n<p><em>Sen. John Barrasso (R-WY), chairman of the Senate Republicans, warned during an interview on Sunday that President Joe Biden\u2019s massive social spending agenda, known as the Build Back Better Act, would cause Americans to pay more for many things as inflation and taxes go up.<\/em><\/p>\n<p><em>\u201cI look at this, this will break the back of the American people with taxes, with spending, with all of the mandates,\u201d Barrasso told Fox News host Maria Bartiromo. \u201cPeople will end up paying more for just about everything, it will make inflation worse, taxes will go up. All the tax experts will tell us that at least a third of middle America will pay a lot more in taxes, and the impact of inflation on people\u2019s lives now, whether you want to call it a hidden tax or not, people\u2019s paychecks are not keeping up. People are hurting, and it\u2019s the Biden policies that have made it worse.\u201d<\/em><\/p>\n<p>South Carolina Republican Sen. Lindsey Graham <a href=\"https:\/\/video.foxnews.com\/v\/6286458707001\" target=\"_blank\" rel=\"noopener\">said<\/a> on Sunday that the House should re-vote on Biden\u2019s Build Back Better spending bill, claiming Democrats must \u201cquit lying\u201d about the bill.<\/p>\n<p>\u201cThe House should re-vote. The vote in the House was based on a fraud,\u201d Graham argued.<\/p>\n<p>\u201cThere is not a plan to pay for it,\u201d Graham later added. \u201cIf there is, I missed it. So give it to me.\u201d<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a&nbsp;<a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former House Speaker Newt Gingrich said on Monday that President Joe Biden\u2019s Build Back Better Plan is a \u2018direct assault\u2019 on America\u2019s standard of living.Gingrich shared the comments during an interview on Fox News\u2019 \u201cFox &#038; Friends\u201d on Monday, addressing the nation\u2019s growing inflation and Biden\u2019s low approval ratings.\u201cI think the country understands that even more spending just increases the inflation rate. The numbers last month were the worst in 40 years,\u201d Gingrich said.Newt Gingrich: Biden\u2019s Build Back Better plan is a \u2018direct assault\u2019 on America\u2019s standard of livinghttps:\/\/t.co\/3ywfBfW740\u2014 Kelly justice (@kjusticemotors) December 13, 2021\u201cIf you\u2019re a working American, or if you\u2019re an American on a limited income, you\u2019re paying more for gasoline, more for rent, more for food. It is a direct assault on the standard of living of most Americans,\u201d he added.Gingrich said the concern touches on something important for Democrats \u2014 the concern of losing power in the House following the 2022 midterm elections.\u201cHere\u2019s the problem if you\u2019re Biden and Pelosi and Schumer, you\u2019re already discounting next year and assuming you\u2019re going to get wiped out so you\u2019re trying to drive through everything to pay off your allies before the catastrophe hits,\u201d Gingrich noted.Some Democrat economic leaders have already warned about the increased inflation associated with the president\u2019s spending bill.Obama and Clinton economist Larry Summers: Prices will be \u201chigher in 2022 and 2023 with [Biden\u2019s] Build Back Better.\u201d pic.twitter.com\/golNm5m7ls\u2014 RNC Research (@RNCResearch) December 11, 2021\u201cWe put in motion for the first time in 40 years, excessive inflation, caused by overheating of the economy, and that\u2019s going to have to be worked out of the system and that\u2019s probably not going to be such an easy thing,\u201d economist Larry Summers said.As The Daily Wire previously reported:Sen. John Barrasso (R-WY), chairman of the Senate Republicans, warned during an interview on Sunday that President Joe Biden\u2019s massive social spending agenda, known as the Build Back Better Act, would cause Americans to pay more for many things as inflation and taxes go up.\u201cI look at this, this will break the back of the American people with taxes, with spending, with all of the mandates,\u201d Barrasso told Fox News host Maria Bartiromo. \u201cPeople will end up paying more for just about everything, it will make inflation worse, taxes will go up. All the tax experts will tell us that at least a third of middle America will pay a lot more in taxes, and the impact of inflation on people\u2019s lives now, whether you want to call it a hidden tax or not, people\u2019s paychecks are not keeping up. People are hurting, and it\u2019s the Biden policies that have made it worse.\u201dSouth Carolina Republican Sen. Lindsey Graham said on Sunday that the House should re-vote on Biden\u2019s Build Back Better spending bill, claiming Democrats must \u201cquit lying\u201d about the bill.\u201cThe House should re-vote. The vote in the House was based on a fraud,\u201d Graham argued.\u201cThere is not a plan to pay for it,\u201d Graham later added. \u201cIf there is, I missed it. So give it to me.\u201dThe Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a\u00a0member.<\/p>\n","protected":false},"author":325,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1114025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1114025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/325"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1114025"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1114025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1114025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1114025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1114025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}