WASHINGTON, DC – U.S. Senator Ted Cruz (R-Texas) issued the following statement after voting against Democrats’ so-called “Cut Inflation Act,” a massive and sweeping spending bill crafted by Senators Chuck Schumer (DN.Y.) and Joe Manchin (DW.Va.):
“The Schumer-Manchin bill will drive up inflation and prices, hit small business and American manufacturing, raise the price of gas and sic the IRS on Americans, while raising taxes on Americans in almost all tax brackets, including those earning less than $400,000 a year.
“This bill is just Biden’s Build Back Broke by any other name. It is a gift to radical environmentalists and wealthy liberal elites. He is using taxpayers’ money to subsidize electric vehicles while imposing yet more new taxes to raise gas prices amid runaway inflation and a recession.
“According to expert analysis, this will supercharge the IRS with 87,000 new IRS agents to target Americans with 1.2 million new audits, more than half of which would be on people earning less than $75,000 per year.
“This bill is a gift to the radical left-wing base of Democrats at the expense of middle-class Americans. It’s a betrayal of President Biden’s promise not to raise taxes on the middle class. Make no mistake – this bill will hurt America and hardworking Americans at a time when we can least afford it.
Senator Cruz received votes on the following amendments and motions, but Senate Democrats blocked them:
- Amendment to remove the $80 billion slush fund to prevent the hiring of 87,000 new IRS agents. This amendment would cut funding for a new army of IRS agents who will monitor innocent Americans and small businesses with 1.2 million additional audits, half of which will target Americans earning less than $75,000 a year .
- Amendment to block sales of strategic oil reserves to China. This amendment would prevent the United States from selling our emergency crude oil stockpile to China, following the announcement that President Biden had sold at least two million barrels of American crude oil from our strategic stockpile to the oil company. and public gas company Sinopec of the Chinese Communist Party. .
- Motion to pledge before the Judiciary Committee to block inappropriate targeting of parents by the FBI. This motion would require the Senate Judiciary Committee to amend the bill to ensure that the Justice Department and FBI do not use their resources to inappropriately target parents or classify them as “domestic terrorists” on the basis of parent advocacy at school board meetings. , as long as their actions are legal. This amendment comes after the Attorney General called on the FBI to target parents for investigation because they dared to speak out against unreported sexual assaults in schools, damage caused by COVID-19 school closures, arrest warrants. vaccination and the teaching of critical race theory.
- Motion to engage with the Homeland Security Committee to block funding for the DC COVID-19 vaccine mandate for students ages 12-15. This motion would protect Washington, D.C. public school students from the city’s COVID-19 vaccination mandate that prevents unvaccinated schoolchildren ages 12 to 15, mostly minorities, from attending school in person, which will have a other negative impact on students.
Senator Cruz tabled the following amendments and motions for consideration by the Senate:
- Amendment to ban the manufacture of electric vehicle parts in China. This amendment would remove language from the bill that subsidizes electric vehicles whose batteries are made by Chinese slaves until December 31, 2024.
- Amendment to protect US manufacturers and their employees from Democratic tax hikes. This amendment would exempt U.S. manufacturing from the corporate minimum tax and prevent Democrats’ tax hikes on U.S. manufacturing that would hurt working families in the form of higher prices, fewer jobs and higher wages. down.
- Amendment to uphold the Supreme Court’s decision in West Virginia vs. EPA. This amendment would remove provisions that funded costly new greenhouse gas regulations for the EPA without explicit authorization from Congress. It prevents the bill from eroding the effect of the Supreme Court’s recent landmark decision in West Virginia vs. EPAwhich limited the government’s overreach by the EPA.
- Amendment to protect Americans from rising energy and gas costs. This amendment would remove the new oil and gas tax from this act. This new tax is a tax on millions of Americans earning less than $400,000 a year and makes no sense given the ongoing inflation, recession and energy price crises in the United States.
- Motion to refer bill to finance committee to find and remove provisions that increase taxes for individuals earning $400,000 a year or less. This motion of commitment would send the bill to the Senate Finance Committee to evaluate and reform it to ensure that no part of the bill raises taxes on Americans who earn $400,000 a year or less.
- Motion to pledge before the Judiciary Committee to prevent the DOJ from using third-party settlement agreements to fund political allies. The motion would prevent the Justice Department from requiring defendants to pay fines to organizations or groups not involved in the case — groups that are typically friends and allies of Democrats. The practice was banned under the previous administration, but Democrats are now seeking to revive it. This would prevent the DOJ from indirectly funding political and activist organizations or causes.
- Amendment to prevent illegal immigrants from receiving an electric vehicle tax credit. This amendment would require an individual to have a social security number in order to qualify for a clean vehicle credit for the purchase of an electric vehicle. This would ensure that only US citizens or nationals could use the tax credit.
- Motion to engage with the Finance Committee to prevent the IRS from politicizing religious beliefs and targeting an organization’s claim for tax exemption based on religious beliefs. This motion would require the Senate Finance Committee to prevent the IRS from classifying religious beliefs as political beliefs and improperly screening applicants for tax-exempt status based on their religious beliefs. It would also require the IRS to review and correct any instances of political bias in its nonprofit status determination process.
- Motion to refer bill to finance committee to protect taxpayers’ retirement and personal savings indexing capital gains to inflation and ensuring that if inflation has not been reduced to 1.4%, the level it was at when Biden took office, within a one year, all tax provisions will be suspended.
- Motion to help American students recover from Democratic school closures and learning loss due to the COVID-19 pandemic. This motion would allow eligible taxpayers to treat the costs of correcting learning loss related to COVID-19 as eligible educational expenses and would allow a tax credit of up to $500 per eligible child to pay for materials and services needed to address learning loss related to COVID-19 in elementary and primary schools. secondary school children.
- Motion to protect America’s children and make our schools and communities safer. To keep elementary and secondary school students safe, this motion would allow federal funding to be used to physically secure elementary and secondary school campuses.