Ranking Member Press
Graham Statement on Biden Signing Bill that Increases Taxes, Worsens Inflation, Supersizes IRS
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement after President Joe Biden signed into law the Democrats' reconciliation bill that will increase taxes, do nothing to fix inflation and supersize the Internal Revenue Service (IRS). "President Biden's track record is not good. Since he's been in charge our border has been overrun and he created a debacle in Afghanistan. "Now President Biden is promising this massive tax and spendin… Continue Reading
08.12.22
Graham Statement on House Dems Voting to Increase Taxes, Worsen Inflation, Supersize IRS
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement after the House of Representatives passed the Democrats' reconciliation bill that would increase taxes, do nothing to fix inflation and supersize the Internal Revenue Service (IRS). "Democrats closed the deal on a Manchin-Schumer bill that will add another 87,000 agents to the IRS army. As bad as that is, it's not all the damage they are doing. Liberal Democrats created a new gas t… Continue Reading
08.10.22
Graham Statement on July Inflation
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement after President Joe Biden made remarks celebrating inflation hitting 8.5% in July. "What world is President Biden living in? Americans continue to suffer under Biden inflation. Clearly, he hasn't bought any food or filled up a gas tank. He hasn't tried to order something online and receive it in the same year he placed the order. How out of touch can you be? Sad and dangerous." ####… Continue Reading
08.07.22
Graham on Democrats Voting to Increase Taxes, Worsen Inflation
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement after the Senate passed the so-called "Inflation Reduction Act" on a strict party line vote. Senator Graham voted no on the bill. "The Democrats are at it again. Another massive tax and spend bill that will be a disaster for a weak economy and make the lives of suffering Americans worse. So unnecessary." "I hope the American people realize that no matter how well-meaning my Democra… Continue Reading
08.06.22
Graham Introduces Amendment to Eliminate Dems’ Gas Tax
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) introduced an amendment to end the Manchin-Schumer deal's gas tax, which would raise prices at the pump at the worst possible time for Americans. "This bill imposes a new gas tax of 16.4 cents per barrel on all imported petroleum products and crude oil refined in America, including domestically produced crude oil, indexed to inflation. This creates new gas taxes for the American consumer in the name of clima… Continue Reading
08.05.22
Manchin-Schumer "...is a complete fraud."
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) called the Manchin-Schumer spending bill "a complete fraud" during an interview with Larry Kudlow on Fox Business Channel. Graham noted that the Congressional Budget Office this week found that the Inflation Reduction Act will have "negligible effect" on inflation this year and may actually cause inflation to rise in 2023. GRAHAM: "This bill is a complete fraud. The Inflation Reduction Act when looked at by t… Continue Reading
08.04.22
CBO Confirms to Graham: Dems’ “Inflation Reduction Act” Won’t Reduce Inflation
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today released this statement after the Congressional Budget Office (CBO) confirmed the Manchin-Schumer "Inflation Reduction Act" would do nothing to address inflation. Last week, Graham asked CBO about the current fragile state of our nation's economy and the potential impact of this latest Reckless Tax and Spend bill. "When it comes to the Manchin-Schumer so-called 'inflation reduction' proposal, another sho… Continue Reading
07.31.22
Statement from Senate Budget Committee Ranking Member Graham on Manchin-Schumer Proposal
WASHINGTON - Today Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) made this statement after Senator Joe Manchin (D-West Virginia) appeared on five Sunday shows to tout the Democrats' tax and spending proposal. "After five TV appearances this Sunday by Senator Manchin, it is clear to me that he doesn't understand how the Manchin-Schumer proposal works. To suggest that tax increases and new government spending in the name of climate change won't add to inflation is, at b… Continue Reading
07.29.22
Graham to Manchin: “It’s Never Too Late to Do the Right Thing”
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on analysis from the University of Pennsylvania's Wharton School of Business Budget Model on the effect the Democrats' Reckless Tax and Spend bill would have on inflation. "Joe Manchin used to believe in the Penn Wharton Budget Model regarding economic projections and analysis. As the Wharton School indicated in their most recent analysis, the so-called 'Inflation Reduction Act' woul… Continue Reading
07.28.22
Graham to CBO: Given Current State of Economy, Evaluate Damage Dems’ Updated Reckless Tax and Spend Bill Could Cause
WASHINGTON - Last night, Congressional Democrats revealed an updated version of their so-called "Build Back Better" legislation. Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today asked the Congressional Budget Office (CBO) about the current fragile state of our nation's economy and the potential impact of this latest Reckless Tax and Spend bill. Graham wrote: "The American people and Members of Congress deserve more information before moving forward with this reckle… Continue Reading
07.27.22
Graham Statement on Manchin-Schumer Reconciliation Agreement
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on Senator Joe Manchin (D-West Virginia) reaching an agreement with Senate Majority Leader Chuck Schumer (D-New York) on a reconciliation bill that includes climate change policy and more taxes. "I can't believe that Senator Manchin is agreeing to a massive tax increase in the name of climate change when our economy is in a recession. "I hope that common sense will eventually win the… Continue Reading
07.22.22
Graham Statement on CBO, JCT Confirming True Cost of Dems’ Obamacare Subsidy Expansion
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on analysis from the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) showing Democrats' proposal to significantly expand Obamacare tax subsidies would add billions of dollars to the federal deficit to the benefit of wealthy Americans. "The true cost of expanding the Obamacare subsidies is almost $250 billion when you exclude the budget gimmicks. "Senator M… Continue Reading
07.21.22
CBO, JCT Confirm Dems’ Obamacare Subsidy Expansion Would Cost Billions More than Previously Claimed
WASHINGTON, D.C. - Today, the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) released analysis showing Democrats' proposal to significantly expand Obamacare tax subsidies would add billions of dollars to the federal deficit to the benefit of wealthy Americans. The analysis was in response to a letter requesting the true cost of an expansion of premium tax credits (PTC) sent by Senator Richard Burr (R-NC), Ranking Member of the Senate Health, Education, Labor and Pen… Continue Reading
07.13.22
Graham On Inflation: “Very Sad Day For Americans Struggling To Make Ends Meet”
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on annual inflation hitting 9.1 percent. "Record high inflation is not just a number from a government agency. Inflation is about a deteriorating quality of life for everyday working people in South Carolina and across the United States. "Today's shocking number represents families struggling to buy gas, pay for food, and deal with the uncertainties of life. Every cost in the family … Continue Reading
07.12.22
Graham: Raising Taxes on the Verge of a Recession Makes Zero Sense
WASHINGTON - Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) made this statement as Senate Democrats continue to negotiate on a partisan reconciliation bill. "The Democrats' latest Hail Mary on reconciliation does not pass the smell test. "Raising taxes while we stand on the verge of a recession makes zero sense. Democratic tax hikes will be passed on to consumers and only add to the problems Americans face with raging inflation. "The people proposing these new… Continue Reading
05.26.22
Graham: Biden Defense Budget “Woefully Inadequate”
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today commented on President Biden's fiscal year 2023 defense budget request. Graham questioned Navy and Marine Corps leadership on President Biden's fiscal year 2023 Navy and Marine Corps funding request and budget justification as a member of the Senate Appropriations Subcommittee on Defense. GRAHAM: "The number one job of this Congress is to defend the nation and these budgets are woefully inadequate to… Continue Reading
05.25.22
Graham: Budget Agency Projects Dim Future If Nothing Changes
WASHINGTON - Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) reacted to the Congressional Budget Office (CBO) Budget and Economic Outlook: 2022-2032. Click HERE to read Fast Facts on CBO's analysis. "CBO's budget analysis of the coming decade in terms of national debt to GDP and interest on the debt is devastating and catastrophic. It can only be solved by both parties working together. "The looming debt to GDP, projected to hit 110 percent by 2032, will crush … Continue Reading
05.25.22
CBO Budget and Economic Outlook Fast Facts
WASHINGTON - Today the Congressional Budget Office (CBO) released The Budget and Economic Outlook: 2022-2032. This new report contains CBO's projections about how the budget and economy will look under existing laws for the next decade. FAST FACTS on the CBO Budget and Economic Outlook: Record debt will only get worse. By 2032, debt held by the public will be 110% of gross domestic product (GDP), which will be higher than any point in our nation's history. By 2052, CBO projects public debt w… Continue Reading
05.12.22
Graham: If Democrats Think “Medicare for All” Is So Great, Why Not Vote On It?
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today participated in a hearing Chairman Bernie Sanders (I-Vermont) called to discuss the budgetary effects of his "Medicare for All" proposal. GRAHAM: "Medicare for All really becomes Medicare for Nobody over time." https://youtu.be/8Yb5MC3eGC4?t=174 GRAHAM: "You have control of the Senate floor. I welcome a vote on Medicare for All on the floor of the United States Senate this year… If not, why… Continue Reading
05.12.22
Correct the Record: “Medicare for All” Means Medicare for None
WASHINGTON - Democrats have consolidated power in Washington and the world is on fire. Instead of taking responsibility for their poor policy choices, Democrats are intent on spending more and saving less. This latest push from liberal Democrats on so-called "Medicare for All" would mean the end of private health insurance, higher taxes and delays in care. Chairman Bernie Sanders (I-Vermont) interpreted a Mercatus Center study, saying that it shows $2 trillion in savings over a decade. The … Continue Reading
