GOP Rep. Barr Warns of Recession if Big, Beautiful Bill Fails
Share this @internewscast.com

During an appearance on Thursday’s “Mornings with Maria” on Fox Business Network, Rep. Andy Barr (R-KY) said there could be consequences if the so-called big, beautiful spending bill fails to pass.

The Kentucky congressman said allowing tax cuts to expire would be a “disaster for the economy.”

“I mean, congressman, part of the issue is all that money that went out the door around COVID, maybe overboard, too much money,” host Maria Bartiromo said. “I mean, you just mentioned the rescissions package, the final vote today on codifying the nearly $8.5 billion in DOGE cuts. But, that’s $9.5 billion. We’re talking about $7 trillion in spending under the Biden years. Is there any way you see — is there a path to get back to pre-COVID spending, in your view, in the coming 10 years?”

“Well, I think there is,” Barr replied. “And I applaud Rand [Paul] for trying to rein in spending. We need to rein in spending. If the Senate can give us more spending cuts, great. But, here is the bottom line, Maria. If we don’t pass the one big, beautiful bill, the American people are looking at a $4.5 trillion tax increase. That is a recession. A recession is the last thing we need in order to balance the budget. You can’t balance the budget if we go into a recession. So, the average family that makes $60,000 a year in Kentucky would see a $1,200 tax hike. That is a recipe for disaster for the economy.”

He continued, “The way to get out of our debt and deficit crisis right now is, yes, fiscal discipline, spending cuts, like we’re voting on today, but also massive economic growth and raising taxes on the American people. The way that the Democrats want to do is a massive mistake. That’s what will give us not only a recession, but also more debt.”

Follow Jeff Poor on X @jeff_poor

Share this @internewscast.com
You May Also Like

Charlie Kirk Foresaw It: Ex-FBI Director Comey Now on Trial

Charlie Kirk’s frequent criticisms of former FBI Director James Comey are gaining…

Rory McIlroy and Wife Erica Show Solidarity Following Provocation by USA Supporter

Following a day filled with toxic abuse and so much hostility that…

ABC TV Station Shooting Suspect Asserts He’s ‘Not a Violent Person’

The individual accused of firing three bullets into an ABC TV station…

KAY: The Real-Life Tale of the Guinness Family Outshines Netflix’s New Drama

Not every woman makes a statement at a glamorous showbiz event by…

Legislator Demands Investigation Following School’s Bisexual Awareness Program

A Republican legislator expressed outrage online after her teenage son’s school broadcasted…

Two Hurricanes Pose a Threat to the East Coast as Humberto Intensifies to Category 5

Hurricane Humberto has become a Category 5 storm with devastating winds reaching…

Golfer Jake Knapp’s Girlfriend Discussed Heart Issues Prior to Her Passing

The girlfriend of American PGA Tour pro Jake Knapp disclosed she had…

Top International Destinations Where UK Tourists Risk Jail Time

“Brits Abroad” has been synonymous with chaos for a long time, ranging…

Trump Deploys Troops to Safeguard Portland ICE Facilities from Antifa

President Donald Trump has authorized the deployment of troops to safeguard Portland,…

Campus Posters Shockingly Promote Violence Against Charlie Kirk

Students at Georgetown University are feeling threatened after flyers saying ‘Hey fascist!…

Former Israeli Commander Provides Candid Analysis of Israel and Remarks…

A former Israeli Defense Force commander acknowledges Israel’s ‘mistakes’ in response to…

Unauthorized School Worker Charged with Weapon Offenses Following Police Pursuit

A well-compensated Iowa school superintendent, previously charged with weapons offenses, was apprehended…