[Congressional Record (Bound Edition), Volume 156 (2010), Part 12]
[House]
[Page 17606]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   CONGRESS MUST ACT TO STOP TAX HIKE

  (Mr. PENCE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PENCE. Mr. Speaker, 2 weeks ago today, the American people 
registered a historic rejection of American liberalism and the agenda 
of this administration and this Congress. The American people said in 
deafening terms that they are tired of the borrowing and the spending 
and the bailouts and the takeovers and the tax increases of the recent 
past. They voted for change.
  That's why it's so remarkable, Mr. Speaker, that this Congress is 
poised to allow one of the largest tax increases in American history to 
take effect in January of this year. A historic $3.9 trillion tax 
increase could take effect, impacting every American, if Congress fails 
to act. The average tax increase will be more than $1,500 per 
household. American families will see the marriage penalty reinstated, 
the child tax credit cut in half, and tax rates on investments and 
savings and inheritance will all increase.
  It is absolutely imperative, if Congress accomplishes nothing else in 
this lame duck, that we take immediate action to make permanent all of 
the current tax rates. And let's be clear, this is not a debate over 
tax cuts. If the tax rates are not preserved permanently, it will 
result in one of the largest tax increases in history.
  I urge my colleagues to join me in supporting legislation that we 
will introduce today to make those rates permanent.

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