[Congressional Record Volume 153, Number 115 (Wednesday, July 18, 2007)]
[House]
[Page H7999]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1015
 THE DEMOCRATIC MAJORITY AND THE LARGEST TAX INCREASE IN OUR NATION'S 
                                HISTORY

  (Mr. AKIN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. AKIN. Mr. Speaker, some years ago the story was told about the 
mean-spirited old Grinch who tried to steal the joy of Christmas. Well, 
it is not Christmas, but you might as well almost think it was a 
Christmas present when you take a look at the American economy that has 
been strengthened by the tax cuts of a number of years ago.
  This boom that the Republicans set in place has added 46 months of 
straight growth in job creation. The unemployment rate is at a very low 
4.5 percent. The Dow has just made all kinds of records at crossing the 
14,000 mark, and the deficit has been cut in half.
  In the face of this good news, the Democrats have passed a $392 
billion tax increase, the biggest tax increase in the history of our 
country. And just like the Grinch, the Democrats seem to be wanting to 
steal our economic joy.
  We must not allow the Democrats to steal the joy of the American 
families.

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