President Biden released his budget yesterday which doubles down on the same economic plan that both led to the current debt crisis and helped spike prices to record highs. Under the $6.8 trillion budget, debt would grow by $19 trillion to $43.6 trillion by 2033. Not to mention...President Biden is proposing his biggest tax hike to date—$4.7 trillion that will fall on small businesses and hardworking Americans.

Here is a breakdown of some of Biden's Budget: 

FUEL FOR THE INFLATION FIRE: 

In the next ten years, Biden plans to increase spending by $2.2 trillion, fueling the ongoing inflation crisis and interest rate hikes. Next year, Biden plans to increase federal spending by nearly $500 billion. Meanwhile, the federal deficit would increase next year by nearly $300 billion. Total spending over the next ten years will eclipse $82 trillion. Americans will continue to have to pay higher interest rates on things like their credit cards, home mortgages, and auto loans as Biden continues to spend us into oblivion.

GIVING CHINA OUR JOBS & COMPANIES: 

Biden is proposing tax hikes on corporations (from 21% to 28%), which is a gift to China and the CCP. The Budget proposes a $1.326 trillion tax hike on American businesses killing more than 145,000 jobs. Companies save money by doing business in the country with the lowest corporate tax rate. If we are taxing our companies at 28%, they’ll be incentivized to take their business to China who taxes their companies at 25%.

MORE OF THE SAME BORDER DISASTER:

Biden is continuing to fund the same failed programs that led us to this border disaster in the first place. $865 million to “process” asylum caseload – which amounts to streamlining Biden’s broken asylum and parole policies. $1 billion for Central America and Haiti, again with no policy changes to rein in illegal immigration. $430 million for “hemispheric migration management.” No mention of investing in border wall/infrastructure or combatting cartels.

SLASHING SENIORS’ RETIREMENT: 

The Biden Budget would slash Social Security retirement benefits by 25%. Despite raising taxes by $5.5 trillion and spending untold billions on woke federal programs, the Biden administration is ignoring the needs of seniors. The Biden budget allows the Social Security retirement trust fund to go bankrupt, which will result in an automatic cut of 25% to benefits.

CAVING TO THE CLIMATE ALARMISTS: 

Biden is caving to the Green New Deal Democrats and taxing our American energy producers. This will cause them to leave our country. We need American Energy Independence NOW. Biden’s Budget proposes a massive $31 billion tax hike on American energy producers. This comes at a time when oil prices are nearly 50% higher than when President Biden took office. Higher taxes on American energy producers means higher gas prices and more pain at the pump for everyday Americans. Biden’s Budget invests a total of $52.2 billion in the name of tackling the climate crisis.

DEFICIT INCREASE:

Even though the government will be bringing in more money due to tax hikes, deficits will continue to increase under the Biden budget at an uncontrollable rate. Under Biden’s Budget, the deficit increases from $1.569 trillion in FY 2023 to $2.035 trillion in FY 2033 despite massive tax increases. Even though the government is bringing in more money, it is still not enough to pay for what Biden plans to spend.

For two years, House Democrats refused to investigate COVID-19’s origin, a gross dereliction of their duty. That ended today when House Republicans passed  the COVID-19 Origin Act, which requires the Biden Administration to declassify all information relating to potential links between the Wuhan Institute of Virology and the origin of COVID-19. Passing this legislation is essential to hold Communist China accountable for unleashing COVID on the world. 

The Department of Energy has reportedly concluded that COVID-19 most likely originated as a lab leak in Wuhan, China. The FBI came to the same conclusion years ago. For years, media and so-called “experts” disparaged anyone who asked whether COVID-19 might have originated as a lab leak. Growing consensus in the U.S. government shows how wrong they were to do so – and how important it is to be open with the American people.

Americans deserve to know how this devastating pandemic began. They deserve to know if it started as a leak at the Wuhan Institute of Virology, an institution known for its work on coronaviruses and ties to China’s military. This isn’t just the right thing to do. It’s essential if we’re to hold Communist China accountable. And it will help us to take steps to prevent a similar pandemic from occurring again.

China lied, and Americans died. Americans deserve to know the truth. The COVID-19 Origin Act will make sure they receive it.  

I started my week in Washington with an interview with Trinity Broadcast Network to discuss the Chinese Communist Party and the drug cartels that have operational control of our southern border. On Wednesday and Thursday, the Energy and Commerce Committee held markups on 33 critical bills that will secure our energy future and competitive edge. This is just the beginning of our work to advance solutions that lower prices, remove regulatory barriers, and strengthen our energy security, all while ensuring we continue to be good stewards of the environment and reduce emissions. Today, we had a hearing on the future of Spectrum Management. As technology develops, it is vital that spectrum policy keeps pace and efficiently maximizes the use of these finite resources by unleashing innovation and protecting our national security. I also met with the Port Arthur Gulf Coast Health Center to discuss important policy issues they are facing. 

This week in the district, Team Weber met with several maritime groups, stakeholders, fishermen, and shrimper by attending the Offshore Wind & Fisheries Summit to discuss and hear presenters on the future project of the offshore windmills. They also went to the Brazos Port Area Chamber annual awards luncheon, where they awarded the man of the year and woman and several small business award recipients. Finally, the League City Chamber held a ribbon cutting for their new member, Puppy Joyrides!

• H.R.1518 - To provide for a reauthorizing schedule for unauthorized Federal programs, and for other purposes.

• H.R.1490 - To secure the dignity and safety of incarcerated women.

• H.R.1481 - To revise the authority provided to the President to impose export licensing requirements or other restrictions on the export of crude oil from the United States, and for other purposes.

• H.R.1435 - To amend the Clean Air Act to prevent the elimination of the sale of internal combustion engines.

• H.J.Res.41 - Disapproving of the rule submitted by the Department of Homeland Security relating to "Public Charge Ground of Inadmissibility".

• H.R.1408 - To deter foreign financial institutions from providing banking services for the benefit of foreign terrorist organizations and from facilitating or promoting payments for acts of terrorism.

• H.R.1399 - To amend chapter 110 of title 18, United States Code, to prohibit gender affirming care on minors, and for other purposes.

• H.R.1398 - To establish the CCP Initiative program, and for other purposes.

• H.R.1394 - To amend the Immigration and Nationality Act to clarify that expedited removal of inadmissible arriving aliens applies regardless of where the alien is encountered or apprehended, and for other purposes.

• H.R.1388 - To require the Secretary of the Treasury mint coins to honor and memorialize the tragedy of the Sultana steamboat explosion of 1865.

• H.R.1354 - To require the Secretary of Commerce, acting through the Assistant Secretary of Commerce for Communications and Information, to report on and develop a whole-of-Government strategy with respect to the economic competitiveness of the information and communication technology supply chain, and for other purposes.

It is a privilege to represent our district in Congress.  While we’ve faced many challenges in recent years, through strength and prayer, we have persevered. 

Please know that we are always a resource for you.  Call or stop by any of the offices (YOUR offices, we work for you), whenever you need assistance or want to talk about an issue before Congress.

For assistance or more information, please call or go online to visit us at weber.house.gov.

God Bless you and God Bless Texas!