Sen. Tom Cotton Warns Just How Much Biden’s Huge Spending Bill Will ‘Cost All Americans’

Arkansas Republican Sen. 👤Tom Cotton said during an interview on Tuesday that the Democrats’ “reckless” spending bill is going to “cost all Americans,” in contrast with President Joe Biden’s promises to only tax the rich.

“This bill is going to cost all Americans,” Cotton said during a “Fox & Friends” interview regarding the Democrats’ plans to pass $5 trillion in legislation in two new bills.

“They’re going to raise taxes on all kinds of businesses, they’re going to raise taxes on savings, retirement.

“That means that people are going to have fewer jobs, they’re not going to get pay increases. They may not have enough money to put kids in college or to save for retirement,” Cotton added.

The increased costs will not only be for the wealthy but will impact many areas of American life.

“They’re even going to tax cigarettes, Dana, so if you want to pick up a pack of smokes on the way home from the job, you’re going to pay higher taxes on that as well,” Cotton said.

These increases are in addition to increased costs and inflation that have already taken place since Biden has entered office.

“The American people are already paying every day when they go to the grocery store or the gas pump for the rampant inflation that the reckless Democrats’ spending plans have caused,” Cotton added.

The senator also explained these increased costs are why Democrats are struggling to get the votes needed to pass the legislation.

“So that’s one reason why they’re struggling to find the votes is that they understand just how reckless these spending bills are and how much they’re going to pay for it in the election next year if they go forward with it,” Cotton said.