Senator Bill Hagerty (R-TN) on Sunday argued that President Joe Biden and congressional Democrats are “waging war” on capitalism through the tax system.
In an interview in Fox News Channel’s “The Next Revolution,” Hagerty explained that Biden has seemingly switched positions since being elected president.
“It’s the biggest bait and switch I think that we’ve seen in American politics,” Hagerty said. “If you look at how Joe Biden campaigned in 2020 as a moderate, as a centrist versus what we are getting, Bernie Sanders is the author of this $3.5 trillion socialist debt bomb that they’re unleashing.”
Furthermore, Hagerty pointed to Biden’s $3.5 trillion spending plan as evidence of Biden’s leftward shift.
“You see, the Democratic Party — they are completely moved by the far-left wing of their party, and Joe Biden is going right along lockstep with them. This movement — look at the $3.5 trillion, which is probably north of $5 trillion, Steve. If you look at what they are trying to accomplish here, it is cradle to grave government dependency, just as you said: European-style socialism,” Hagerty continued.
Biden contends that the package will create long-term jobs throughout the country and ease “inflationary pressure.”
However, if the package and other key priorities of Biden become law, American companies and jobs will likely suffer, Hagerty argued.
“What they’re going to do is shove more American jobs overseas. They’re going to kill the fossil fuel industry here. And they’re going to do this by waging war on American capitalists, on American job creators, on American entrepreneurs through the tax system.”
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