[Congressional Record Volume 153, Number 55 (Thursday, March 29, 2007)]
[House]
[Page H3282]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEMOCRAT BUDGET RAISES TAXES
(Mr. RYAN of Wisconsin asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. RYAN of Wisconsin. Madam Speaker, the Democrat budget raises
taxes, plain and simple. You can cite all of these other groups that
say one thing or another, but the group that counts is the
Congressional Budget Office. That is the official scorekeeping agency
that measures our budgets.
And according to the Congressional Budget Office, the Democrat budget
provides for the largest tax increase in American history. Either that,
or they don't balance the budget. They can't have it both ways. They
are saying they balance the budget, and the only way they balance the
budget is by raising taxes, cutting the child tax credit in half,
bringing back the marriage tax penalty, bringing back the death tax,
raising tax rates across the board on all income tax payers, repealing
the 10 percent for low-income Americans, bringing back higher tax rates
on capital gains and dividends which create jobs and help seniors save.
In fact, if their tax plan comes to fruition, if they actually
accomplish what they are seeking to accomplish, they will tax the small
businesses of America at higher tax rates than the largest corporations
in America.
Madam Speaker, these tax cuts created jobs. They created 7.6 million
jobs. Don't raise taxes.
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