Fox News Live’s Chad Pergram, a congressional correspondent, reports on the Democrats passing a significant funding plan by a vote of 51 to 50.
NEW Fox News articles can now be heard on audio! Republicans criticized Democrats for enacting a multibillion dollar economic package on Sunday, saying it will come back to harm them in the midterm elections in November.
Democratic Party Chairwoman Ronna McDaniel said in a statement that “Democrats will pay the price in November for raising taxes on people amid a recession.”
View of the U.S. Capitol in Washington, D.C., as senators vote to advance the Inflation Reduction Act. (Ken Cedeno for Reuters)
Her assertion mirrors Republican concerns that the Inflation Reduction Act will have the reverse effect of what it was designed to achieve.
Sen. Ted Cruz, a Republican from Texas, compared the legislation to a “give-away to the Democrats extreme leftist base at the expense of middle-class Americans” in In a statement .
The Schumer-Manchin measure, according to Cruz, “would raise taxes on Americans in practically every tax band, even those who make less than $400,000 a year,” while also harming small businesses and American manufacturing, rising the price of petrol, and siccing the IRS on Americans.
Sen. John Kennedy, a Republican from Louisiana, referred to raising taxes during an inflationary period as “a special type of foolish.”
Kennedy tweeted, “That’s called stagflation, and that’s what we have right now as a result of President Biden’s policies.”
Also criticizing Democrats for approving a package amid a recession and at a time when inflation is at a 41-year high was Sen. Marsha Blackburn, R-Tenn.
In a post on Twitter, Blackburn stated, “We should be lowering taxes, not increasing them.” The socialist program that the Senate Democrats pushed through will make life harder and more expensive for Tennesseans.
Democrats, according to Senate Minority Leader Mitch McConnell of Kentucky, don’t care about “the concerns of middle-class Americans.”
Democrats’ policies, according to McConnell, “have destroyed the savings, the stability, and the lives that people labored and sacrificed for years to build up.” The American middle class has come under economic attack as a result of this one-party system.
After an all-night session, the Senate Democrats passed the $740 billion package with a 51–50 margin, with Vice President Kamala Harris providing the deciding vote. When it temporarily convenes on Friday following its summer break, the House is on track to give final congressional approval.
Fox News Digital correspondent Bradford Betz works there. Send story ideas to and on Twitter: @Bradford_Betz .