[Congressional Record Volume 167, Number 171 (Thursday, September 30, 2021)]
[House]
[Page H5567]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          TAXES WILL BE RAISED

  (Mr. LaMALFA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LaMALFA. Madam Speaker, this debt ceiling increase being 
contemplated isn't just about paying off things we have already 
committed for. It is actually a blank check for unlimited spending 
until December of 2022.
  Our collective national debt is somewhere around $28 trillion now, or 
about $85,000 per person. Every American.
  Now, in 2013 the lie of the year was named, ``If you like your health 
plan, you can keep it.'' In the Biden campaign, it was, ``Nobody making 
under $400,000 would have their taxes raised, period.'' That is setting 
up to be the next lie of the year.
  The effects we see of this legislation will be 5 percent of taxpayers 
earning between $40,000 and $50,000 and 59 percent of those earning 
between $200,000 and $500,000 would be affected greatly by increased 
taxes.
  Let that sink in. The President's plan will raise taxes on people 
making as low as $40,000, not the $400,000 he promised.
  We should be talking about hard caps on spending and getting our 
fiscal house in order instead of spending on the Green New Deal that is 
coming up.

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