House Democrats managed to clear a procedural hurdle last month to pass a motion that allowed committees to begin drafting the $ 3.5 trillion budget.
DALLAS – When the US House of Representatives returns from its August hiatus, expect the battle over President Biden’s budget and economic agenda to begin in earnest.
House Democrats managed to break a procedural hurdle last month to pass a motion that allowed committees to write the $ 3.5 trillion budget and fill in some of the details. The framework had already passed the US Senate. But the votes in both chambers ran along the party lines.
The Biden government has promised the budget will not raise taxes for families with annual incomes less than $ 400,000, small businesses, or family businesses. Instead, according to the Democrats’ blueprint, it would raise taxes on the rich and corporate.
Congressman Kevin Brady says he won’t buy any of this.
“It turns out none of this is true,” he said on Inside Texas Politics. “In fact, the corporate business tax rate will land on over a million small businesses, many of them here in Texas.”
The Houston area Congressman is the top Republican on the House of Representatives’ Ways and Means Committee. It is the oldest committee in Congress and the main tax writing committee in the House of Representatives. Congressman Brady says a recent analysis by the Joint Tax Committee found that the proposed corporate tax increases in the budget would ultimately lead to higher taxes for workers, retirees and many small businesses.
But if the Democrats stay united in the House of Representatives, there is not much the GOP can do. And without naming names, he says he’s looking at four centrist Texas Democrats and wondering aloud if they’re going to help block the legislation.
“We don’t have the voices to stop this. Only four votes will stop these tax increases, ”said the Republican.
The House of Representatives is expected to adopt the Infrastructure Act this month as well. Spokeswoman Nancy Pelosi set a September 27 deadline to vote on the $ 1 trillion move. Congressman Brady says he is against the current bill, saying too much of it is “wasteful spending.” He’d rather see a much smaller price.
“I think about a third of that bill is real infrastructure that I think any Texan would be able to catch up with,” Brady said.
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