• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, January 29, 2023
The Iowa Torch
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
No Result
View All Result
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
The Iowa Torch
The Iowa Torch
No Result
View All Result
Home Opinion

Ernst: President Biden’s Policies are Hurting Iowa’s Economy, Working Families

Joni Ernst: We need to be working together in a bipartisan way to get our economy back on track like it was pre-pandemic, not tax hikes on hardworking families.

Joni ErnstbyJoni Ernst
June 12, 2021
in Opinion
Reading Time: 3 mins read
Ernst Expresses Concern About Trump’s Upcoming Senate Impeachment Trial

U.S. Senator Joni Ernst, R-Iowa, has served in the U.S. Senate since 2015.

Even if you’re paying attention, it’s hard to keep track of all the numbers flying around Washington, D.C. right now. Despite our national debt approaching $30 trillion, President Biden and congressional Democrats are proposing trillions more in taxpayer spending. In fact, on the Friday before Memorial Day, the White House quietly released the president’s $6 trillion budget proposal that would, as the New York Times put it, “push federal spending to its highest sustained levels since World War II.” It’s important to remember that this comes just months after they fast-tracked a nearly $2 trillion “COVID relief” bill without any Republican support.

RELATED POSTS

Hendrickson & Williams: To achieve meaningful property tax relief, right size government 

Reynolds: An open letter to Iowans about school choice

Miller-Meeks: Improving American healthcare

With the Biden Administration continuing full speed ahead with its egregious spending, it’s clear the president’s economic policies are failing the American people. We’ve seen the prices of gasoline, milk, lumber, and other goods that families in Iowa and across the country rely on daily continue to rise—with the annual inflation rate reaching its highest in nearly 13 years. The May jobs report failed to meet expectations for the second month in a row—with the number of unemployed Americans remaining well above pre-pandemic levels and enhanced federal perks continuing to discourage folks from going back to work. And let’s not forget the thousands of jobs President Biden destroyed in the first few days of his administration when he unilaterally cancelled the Keystone XL pipeline with the stroke of a pen.

Sadly, President Biden’s massive, multi-trillion dollar budget reflects a continuation of these failed policies. His budget would impose higher taxes on working Americans while making dangerous cuts to our national defense, all to pay for a massive expansion of the federal government and the enactment of radical progressive demands, like parts of the Green New Deal. In fact, the entire plan can be summed up as: higher taxes, higher spending, and higher debt.

ADVERTISEMENT

Under the Biden budget, by 2028, Washington will collect more tax revenue as a portion of our economy than at nearly any point over the last 100 years. This tax collecting scheme even includes a retroactive tax increase—meaning Iowans may owe higher taxes on past earnings. Plus, the president would allow the tax cuts I helped pass for lower-income and middle-class Americans to expire in 2025, resulting in higher taxes for most Americans.

The administration’s “Build Back Better” plan includes proposed tax policy changes that could have devastating impacts on America’s family farms and ranches. The American Farm Bureau stated that the tax plan would mean “a significant tax increase on farmers and ranchers.” Punishing Iowa family farmers, who help feed and fuel the world, with tax hikes is exactly the opposite of what the Biden Administration should be doing right now and shows just how out of touch Democrats are with Rural America.

The bottom line is President Biden’s economic policies are hurting hardworking Iowans and Americans. We need to be working together in a bipartisan way to get our economy back on track like it was pre-pandemic. That doesn’t mean tax hikes on our families; that means getting folks back to work and reining in unnecessary spending. I’ll continue holding the Biden Administration’s feet to the fire to protect the pocketbooks of working families in Iowa and across the nation.

Tags: American Farm Bureaufederal spendingJoe BidenJoni ErnstKeystone XL Pipelinenational debtSenate Democrats
ShareTweetShare
ADVERTISEMENT
Previous Post

Miller-Meeks: Serving Those Who Served

Next Post

Fourteen Apply for Iowa Court of Appeals Vacancy

Joni Ernst

Joni Ernst

Joni Ernst has represented Iowa in the U.S. Senate since 2015. A Republican from Red Oak, Ernst served in the Iowa State Senate from 2011 to 2014, and in the Iowa Army National Guard from 1993 to 2015, retiring as a lieutenant colonel.

Related Posts

Bird Says She Will Challenge Tom Miller for Attorney General
State Government

Bird joins lawsuit against Biden Administration’s Parole Action

January 25, 2023
Ernst: $600 now buys you a new tax form.
Opinion

Ernst: $600 now buys you a new tax form.

December 12, 2022
Iowa Democrats lose first in the nation status
Politics

Iowa Democrats lose first in the nation status

December 4, 2022
Ernst Expresses Concern About Trump’s Upcoming Senate Impeachment Trial
Federal Government

Ernst calls on White House to reinstate ban on ‘risky research’

November 28, 2022
roasted turkey on white ceramic plate
Opinion

Ernst: Thanksgiving trimmings have a different meaning this year.

November 22, 2022
Grassley: Big Victories for Rural Healthcare
Federal Government

Grassley says ‘Respect for Marriage Act’ threatens religious institutions

November 17, 2022
Next Post

Fourteen Apply for Iowa Court of Appeals Vacancy

Newborn Baby Declared Iowa’s 48th Safe Haven Baby

Newborn Baby Declared Iowa's 48th Safe Haven Baby

Sign-Up For Our Daily Updates

Get The Iowa Torch right in your inbox!

Please wait...

Thank you for signing up!

Recommended Articles

WATCH: Johnston City Council Special Election Candidate Forum

WATCH: Johnston City Council Special Election Candidate Forum

May 22, 2021

Hinson Introduces HEALING Mothers and Fathers Act

November 19, 2021
Reynolds Pushes for All Iowa K-12 Schools to Open Full-Time in January

Reynolds Pushes for All Iowa K-12 Schools to Open Full-Time in January

December 9, 2020

Popular Stories

  • Reynolds signs bill creating education savings accounts

    Reynolds signs bill creating education savings accounts

    0 shares
    Share 0 Tweet 0
  • Miller-Meeks: Improving American healthcare

    0 shares
    Share 0 Tweet 0
  • Local Rap Artist’s Non-Profit Receives Grant to Help At-Risk Youth Graduate

    0 shares
    Share 0 Tweet 0
  • Iowa House Republicans outline priorities with first 13 bills

    0 shares
    Share 0 Tweet 0
  • Iowa Senate Passes Governor’s School Choice Bill

    0 shares
    Share 0 Tweet 0

The Iowa Torch

The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans

Categories

  • Education
  • Federal Government
  • Iowa History
  • Local Government
  • News
  • Opinion
  • Politics
  • State Government
  • Uncategorized
  • Uncategorized

Newsletter

Please wait...

Thank you for signing up!

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.

No Result
View All Result
  • Home
  • About Us
  • Advertise
  • Contact Us
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.