[Congressional Record (Bound Edition), Volume 158 (2012), Part 12]
[House]
[Page 16626]
[From the U.S. Government Publishing Office, www.gpo.gov]




        WE GOT HERE BY SPENDING TOO MUCH, NOT TAXING TOO LITTLE

  (Mr. POE of Texas asked and was given permission to address the House 
for 1 minute.)
  Mr. POE of Texas. Mr. Speaker, ``The last thing you want to do is to 
raise taxes in the middle of a recession because that would put 
businesses in a further hole.'' That was President Obama in 2009. But 
that was then and this is now. President Obama now says he wants to 
save us all by raising taxes on a few Americans. But the idea is 
flawed. One, the plan only funds the government for a few days. Then 
what's the plan, Mr. President? Two, according to the Senate Budget 
Committee, 75 percent of the new taxes will go towards spending, not 
deficit reduction.
  This plan won't work to solve our economic woes. The problem is the 
government just spends too much. Where's the plan to cut spending? 
There isn't one. We got here by spending too much, not taxing too 
little. After all, ``the last thing you do in a recession is raise 
taxes''--quoting the President.
  And that's just the way it is.

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