OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

General Leave

Floor Speech

Date: Feb. 26, 2021
Location: Washington, DC
Issues: Monetary Policy Health and Health Care

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Mr. GROTHMAN. Mr. Speaker, three things before you print another $1.9 trillion in this bill. If you look at the monetary supply in the last year, M1 is up 67 percent and M2 is up 25 percent. You are inviting inflation big time.

Secondly, I have got one local official who asked me for a million bucks. He is getting $21 million. Another one is asking me for $800,000. He is getting $20 million. Ask your local people if they need all this money.

Third, I wouldn't even take it to the Senate because there is no way you can spend all this money. I would put some of this in infrastructure, just as a tip.

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