Rep. Ron Estes: Biden's economic crisis – his wasteful spending will crush recovery. Here's what we have to do

After the pandemic we should be experiencing one of the greatest economic booms in American history, yet prices are climbing, consumer sentiment has plummeted, and there are more than 9 million open jobs without workers to fill them – the most ever.  

The administration’s budget even acknowledges that growth isn’t a priority; it only forecasts meager 2% GDP growth by 2023 with it dropping even lower until 2029. They’ve also spent their time focused on radical and unpopular social policies like removing the popular Hyde Amendment to start using taxpayer funds for abortions.  Biden’s tax-and-spend policies and regulations are holding back job growth and could cause serious long-term damage to the economy. Another worrying sign for the recovery, is Democrats’ obsession with raising taxes. So much so that Biden’s budget has broken his promise not to raise taxes on those making less than $400,000. It does this by relying on the expiration of middle-class tax cuts in order to achieve a historically high level of tax on Americans.