Child Tax Credit Warning, Americans Baffled

Here’s what he had to say…

Republican Senator Roy Blunt, who is expecting to retire and not seek re-election in 2022, has just wanted President Biden and his fellow congressmen that the United States will not fix its economic problems by continuing to print more money and has also recommended that they cap the child tax credit to slow down inflation.

In transcript provided by Fox, Senator Blunt warned, “Putting more money into the economy at a time when the economy is overheated I think is a bad idea. Obviously, we want to get people back to work. There are jobs available. People are trying to get people to come and work with them and make the country function economically, but we can’t solve every problem by just dropping money on top of more money.”

Blunt then knocked the Biden administration for letting inflation grow to 6.8% and stated, “Six-point-eight percent inflation could become something bigger than that, and 6.8% is bigger than we can handle right now.”

He then explained how many Republicans including Democrat Senator Joe Manchin don’t understand the Child Tax Credit.

“Putting a cap on families in need is what we can do, should do and would do in the country, and could do in a bipartisan way,” Blunt explained.

Adding, “Families are suffering whether the administration and Democrats in the Congress want to admit that or not. This is not a transitory problem, it’s a real problem, and this is no time to make that problem worse.”