Sen. Hagerty rips Dems’ ‘reckless’ tax and spend infrastructure plan, Biden’s aimless foreign policy

Tennessee Republican Sen. Bill Hagerty lashed out at Democratic tax-and-spend legislation as well as President Joe Biden’s “feckless” economic and foreign policy during a Thursday interview.

Hagerty told Fox Business Network host Maria Bartiromo that congressional Democrats are looking to spend trillions on a left-wing wish list that includes some money for legitimate infrastructure but a lot more money on unrelated agenda items including amnesty for tens of millions of illegal immigrants and a highly controversial voting reform measure Republicans say will wipe out state-level integrity laws.

“There’s no text to this bill, Maria. The fact that Chuck Schumer would bring it forward just shows their urgency to shove something through,” Hagerty said, regarding Wednesday’s failed test vote on a $1.2 trillion unfinished package that Republicans united to kill off.

“It’s amazing, and it sort of brings you back to more than a decade ago when [Speaker] Nancy Pelosi said, ‘You’ve got to pass the bill before you can find out what’s in it.’ We don’t need Obamacare 2.0 right now, we need to know what we’re talking about here,” said Hagerty, himself a businessman and former board member for Wall Street investor indices NASDAQ and the New York Stock Exchange.

(Courtesy: Fox Business)

“I certainly haven’t seen any text, and I think all of the Republicans had been united in this. We’re not going to move forward on this until we can see exactly what we’re talking about. The devil is always in the details,” he added.

The Tennessee Republican went on to rail against Democratic plans to raise taxes on corporations and millions of wealthy earners in order to finance more spending on pet issues at a time when all Americans are beset with levels of inflation not seen in decades.

“This is just another reckless tax-and-spending spree,” Hagerty said of the overall $3.5 trillion budget resolution that’s also not likely to garner any GOP support. “And if they want to hide this alongside a bipartisan bill, I think it really is folly.

“I’ve been a business person all my professional life. Sometimes what you negotiate out of a deal is even more important than what you have in the deal,” Hagerty told Bartiromo.

“But what we’ve got Chuck Schumer and Nancy Pelosi saying, what Biden said within two hours of the White House negotiations, was they’re not going to look at the bipartisan, hard infrastructure deal until they get the deal that had everything else that we didn’t want pushed right alongside it. That’s not bipartisanship. Where’s the compromise in that?” he said.

(Courtesy: Fox Business)

He added: “If I think about what Joe Manchin is saying right now, he says he doesn’t want to increase the deficit. He wants to make sure that whatever they put through is paid for. This $3.5 trillion package, there’s no way to pay for that.”

Hagerty also hit on Biden’s foreign and economic policies, noting that they are making things harder for American workers and putting the country in danger.

“You look at what’s happened with the border crisis. The border has completely collapsed. The cartels are laughing. The cartels are winning right there. If you look at what’s happening with China. Again, the Chinese Communist Party laughing all the way to the bank. Russia, as you mentioned with Nord Stream 2, we’re giving them a gift and getting nothing in return,” he said.

“And then Iran: we could go on for an entire segment about the capitulation there. It is just amazing that our adversaries are winning today. Biden is basically caving at every front,” he said.

The Tennessean went on to note that Americans are suffering under all of these policies.

“Look at the inflation that’s happening right now. That’s a hidden tax on middle America, and all of the policies that they’re putting forward are so damaging our economy,” he told Bartiromo.

Jon Dougherty

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