[Congressional Record Volume 153, Number 166 (Tuesday, October 30, 2007)]
[House]
[Page H12159]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




    MOTHER OF ALL TAX HIKES--BAD FOR THE U.S. ECONOMY AND WORSE FOR 
                           AMERICAN TAXPAYERS

  (Mr. BOUSTANY asked and was given permission to address the House for 
1 minute.)
  Mr. BOUSTANY. Last week, Speaker Pelosi embraced the Democrats' $1.3 
billion tax scheme. The ink is barely dry, but she is already 
distancing herself from the mother of all tax hikes.
  As reported in today's Hill newspaper, the Speaker's office has 
changed the transcript of her press comments to reflect that she 
supports Chairman Rangel's ``plan to begin tax reform,'' not his actual 
``tax plan.''
  Maybe the Speaker has caught on to what many Americans have 
discovered in the fine print. Maybe she figured out that the bill 
raises taxes on every U.S. taxpayer. Or it could be the part about 
resurrecting the death tax and penalizing small businesses and family 
farms that is causing her concern. Then again, it might be that she 
simply agrees that our Tax Code shouldn't punish a man and woman for 
getting married.
  Madam Speaker, you can change the transcript, but you can't change 
the facts. The Pelosi-Rangel mother of all tax hikes is bad for the 
U.S. economy and worse for the American taxpayer.

                          ____________________