Sen. McConnell: Economist warn BBB will increase inflation into 2022

Senate Minority Leader Mitch McConnell, R-Ky., speaks to reporters following a GOP strategy meeting, at the Capitol in Washington, Tuesday, Nov. 16, 2021. (AP Photo/J. Scott Applewhite)

Senate Minority Leader Mitch McConnell, R-Ky., speaks to reporters following a GOP strategy meeting, at the Capitol in Washington, Tuesday, Nov. 16, 2021. (AP Photo/J. Scott Applewhite)

OAN Newsroom
UPDATED 7:39 AM PT – Wednesday, November 17, 2021

Senate Minority Leader Mitch McConnell (R-Ky.) sounded the alarm on the long term consequences of Democrats’ Build Back Better agenda. On Tuesday, The Kentucky lawmaker said economists are pointing to Joe Biden’s March COVID-19 relief bill for the current levels of inflation, adding they also predict his newest spending bill will only make it worse.

McConnell went on to warn Democrats against pushing the bill, while noting 90 percent of Americans are already worried about inflation. Additionally, he claimed Americans’ wallets are going to shrink amid skyrocketing gas and heating prices.

“And now we have reputable economist who actually support BBB, liberal leaning economist, to say that if BBB passes it will only exacerbate, it will only make worse inflation not only this year but next year,” stated McConnell.

The top Republican went on to say, Democrats’ solution to the spiraling economy is to borrow more money. He warned that their efforts will actually “build back Beijing.”

MORE NEWS: Biden To Continue Trump’s Efforts To Address Crisis Of Missing Or Murdered Indigenous Native Americans