Rep. McCarthy: Can’t invest in U.S. future under Democrat plans

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WASHINGTON, DC - SEPTEMBER 30: U.S. House Minority Leader Rep. Kevin McCarthy (R-CA) speaks during a weekly news conference at the U.S. Capitol September 30, 2021 in Washington, DC. The Senate is scheduled to vote on a stopgap funding bill to avert a government shutdown this morning. (Photo by Alex Wong/Getty Images)

WASHINGTON, DC - SEPTEMBER 30: U.S. House Minority Leader Rep. Kevin McCarthy (R-CA) speaks during a weekly news conference at the U.S. Capitol September 30, 2021 in Washington, DC. The Senate is scheduled to vote on a stopgap funding bill to avert a government shutdown this morning. (Photo by Alex Wong/Getty Images)

WASHINGTON, D.C. – SEPTEMBER 30: U.S. House Minority Leader Rep. Kevin McCarthy (R-Calif.) speaks during a weekly news conference at the U.S. Capitol September 30, 2021 in Washington, D.C. (Photo by Alex Wong/Getty Images)

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UPDATED 3:30 PM PT – Wednesday, October 6, 2021

House GOP Leader Kevin McCarthy (R-Calif.) said Democrat spending plans would make it pointless for Americans to invest in our children’s future. In an interview on Wednesday, the congressman from California said Democrats are proposing a socialistic program to plan out everybody’s lives from “cradle to grave.”

McCarthy said the multi-trillion spending plan would erode Medicare and Social Security. He also pointed out Joe Biden’s nomination of a pro-Soviet scholar, Saule Omarova, as the top banking regulator raises concerns of banking sector stability. McCarthy suggested those initiatives would fail the same way Obamacare did.

“This person wasn’t like Bernie Sanders and went to Moscow for his honeymoon, she literally went to school there and got the scholarship, the Linen Scholarship, and did she get indoctrinated in that part? Talk about what she says,” McCarthy continued. “She thinks Moscow and Russia is better than capitalism. She thinks it’s more equalizing in pay than in America and they want her to be in control?”

McCarthy went on to say Biden is making America less competitive, fueling inflation and increasing the role of government to unprecedented levels.

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