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America Facing ‘Potentially Fatal Overdose of Government’: Rep. Davidson

streetwisepol November 14, 2021 Build Back Better, Business & Economy, Economies, Economy, inflation, Politics, US, US News Comments Off on America Facing ‘Potentially Fatal Overdose of Government’: Rep. Davidson
As House Democrats continue trying to muster enough votes to pass President Joe Biden’s “Build Back Better” agenda, Rep. Warren Davidson (R-Ohio), a member of the House Financial Services Committee, said that the massive social spending bill—along with other Democrat-led policies—represent a “potentially fatal overdose of government” that could stifle free enterprise and push inflation higher. Davidson, who serves co-chairman of the Congressional Sound Money Caucus, told NTD News in an interview that the Biden administration’s big-ticket spending proposals risk exacerbating inflation, which is running at a near 31-year high. “The only debate on Capitol Hill is how much more gas to throw on the fire,” Davidson said. “It gets bigger, and that’s the Democrats’ agenda—they want to throw more on with Build Back Better,” he said, adding that “it’s going to dump a lot of extra spending into the economy and it has a big impact” on inflation. “Whether you’re talking about the …

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