{"id":1145954,"date":"2021-12-23T10:19:50","date_gmt":"2021-12-23T15:19:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1145954"},"modified":"2021-12-23T10:19:52","modified_gmt":"2021-12-23T15:19:52","slug":"elf-on-the-empty-shelf-sen-tim-scott-blasts-lefts-reckless-spending-impact-on-holiday-season","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elf-on-the-empty-shelf-sen-tim-scott-blasts-lefts-reckless-spending-impact-on-holiday-season\/","title":{"rendered":"Elf On The Empty Shelf: Sen. Tim Scott Blasts Left\u2019s \u2018Reckless Spending\u2019 Impact On Holiday Season"},"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%2Felf-on-the-empty-shelf-sen-tim-scott-blasts-lefts-reckless-spending-impact-on-holiday-season%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=1145954&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>South Carolina Republican Sen. Tim Scott blasted the Left\u2019s \u201creckless spending\u201d and its impact on holiday shopping across the U.S. as President Joe Biden nears the end of his first year in office with soaring inflation and an ongoing supply chain crisis.<\/p>\n<p>\u201cThe supply chain crisis has left shelves empty this holiday season! We\u2019ve got to stop the reckless spending if we want to get the marketplace back on track,\u201d Scott tweeted on Thursday.<\/p>\n<p dir=\"ltr\" lang=\"en\">The supply chain crisis has left shelves empty this holiday season! We\u2019ve got to stop the reckless spending if we want to get the marketplace back on track. <a href=\"https:\/\/t.co\/2iAP1646RF\">pic.twitter.com\/2iAP1646RF<\/a><\/p>\n<p>\u2014 Tim Scott (@SenatorTimScott) <a href=\"https:\/\/twitter.com\/SenatorTimScott\/status\/1474023991555903494?ref_src=twsrc%5Etfw\">December 23, 2021<\/a><\/p>\n<p>The searing words followed a <a href=\"https:\/\/www.scott.senate.gov\/media-center\/press-releases\/scott-finance-republicans-demand-treasury-analysis-of-oecd-agreement\" target=\"_blank\" rel=\"noopener\">statement<\/a> released by the senator on Wednesday demanding that Treasury Secretary Janet Yellen renew requests for information regarding international tax negotiations. Scott, along with the other GOP members on the Senate Finance Committee and several Senate Republicans, argued that the Treasury Department \u201chas been unwilling or unable to fully engage with Congress to provide details\u201d that are impacting Americans.<\/p>\n<p>\u201cThe Administration\u2019s rush to reach a political agreement, tied to its domestic spending plans and pursuit of revenue, has come at the expense of thorough analysis and meaningful engagement with Congress and the business community, and may ultimately put U.S. businesses at risk. . . . Given this agreement\u2019s potential to jeopardize U.S. competitiveness, we continue to have concerns with the lack of detail underlying the approach being proposed under Pillar One and its lack of foundation in any discernible tax principles,\u201d the Republican leaders wrote in the <a href=\"https:\/\/outreach.senate.gov\/iqextranet\/iqClickTrk.aspx?&amp;cid=quorum_scott-iq&amp;crop=0000.0000.0000.0000&amp;report_id=&amp;redirect=https%3a%2f%2fwww.scott.senate.gov%2fimo%2fmedia%2fdoc%2frepublican_letter_to_treasury_oecd1.pdf&amp;redir_log=452225978814583\" target=\"_blank\" rel=\"noopener\">letter<\/a>.<\/p>\n<p dir=\"ltr\" lang=\"en\">While negotiating an international tax agreement with far-reaching effects on U.S. businesses and workers, the Biden administration has left Congress in the dark.<\/p>\n<p>My fellow <a href=\"https:\/\/twitter.com\/SenFinance?ref_src=twsrc%5Etfw\">@SenFinance<\/a> Republicans and I are calling for answers. <a href=\"https:\/\/t.co\/nEisgyQoaO\">https:\/\/t.co\/nEisgyQoaO<\/a><\/p>\n<p>\u2014 Tim Scott (@SenatorTimScott) <a href=\"https:\/\/twitter.com\/SenatorTimScott\/status\/1473743316088983555?ref_src=twsrc%5Etfw\">December 22, 2021<\/a><\/p>\n<p>\u201cFurther troubling is Treasury\u2019s continued insistence that the United States once again move first by significantly increasing the U.S. global minimum tax. . . . As Pillar Two does not require other countries to adopt a global minimum tax, we are not confident that our biggest foreign competitors, like China, will enact and implement a global minimum tax on the same terms or on the timeline agreed to at the OECD,\u201d the letter added.<\/p>\n<p>Last week, Scott <a href=\"https:\/\/outreach.senate.gov\/iqextranet\/iqClickTrk.aspx?&amp;cid=quorum_scott-iq&amp;crop=0000.0000.0000.0000&amp;report_id=&amp;redirect=https%3a%2f%2fwww.youtube.com%2fwatch%3fv%3d1Sp3E6xNMQY%26feature%3dyoutu.be&amp;redir_log=133199838051441\" target=\"_blank\" rel=\"noopener\">addressed<\/a> rising inflation with hosts Bill Hemmer and Dana Perino on Fox News\u2019 \u201cAmerica\u2019s Newsroom.\u201d The senator again hammered against Democrats\u2019 out-of-control spending that has led to surging inflation and addressed ways to slow the nation\u2019s increasing prices.<\/p>\n<p>\u201cThere\u2019s no doubt that, when you think about inflation\u2014this bone-crushing, life-changing, hope-stealing, job-killing inflation\u2014there\u2019s no doubt in my mind that I\u2019m thankful that it\u2019s no longer considered transitory. Finally, Chairman Powell is speaking the truth, which is [that] this is unprecedented. The last time inflation was this high, I had an afro,\u201d Scott said during the interview.<\/p>\n<p>\u201cThe truth is that we have to find a way to forge forward by reducing spending from the federal government and allowing raises to increase in the private sector. That means that we have to pull back on this \u2018Build Back Broker\u2019 plan that the Democrats are still trying to weave together,\u201d the senator added.<\/p>\n<p dir=\"ltr\" lang=\"en\">Up nine percent from last year, inflation is forcing many Americans to make tough choices.<\/p>\n<p>The solution is simple. Get government out of the way &amp; stop this reckless spending. <a href=\"https:\/\/t.co\/DAcRfxpc0X\">pic.twitter.com\/DAcRfxpc0X<\/a><\/p>\n<p>\u2014 Tim Scott (@SenatorTimScott) <a href=\"https:\/\/twitter.com\/SenatorTimScott\/status\/1471502912459186176?ref_src=twsrc%5Etfw\">December 16, 2021<\/a><\/p>\n<p>To address the Biden administration\u2019s spending issues, Scott proposed \u201cmore focus on an incentive-based economy where we let the private sector do what they do really well and getting the government out of the way.\u201d<\/p>\n<p><em>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;<\/em><a href=\"https:\/\/www.dailywire.com\/subscribe\"><em>member<\/em><\/a><em>.<\/p>\n<p><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Carolina Republican Sen. Tim Scott blasted the Left\u2019s \u201creckless spending\u201d and its impact on holiday shopping across the U.S. as President Joe Biden nears the end of his first year in office with soaring inflation and an ongoing supply chain crisis. \u201cThe supply chain crisis has left shelves empty this holiday season! We\u2019ve got &#8230;<\/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-1145954","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\/1145954","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=1145954"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1145954\/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=1145954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1145954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1145954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}