we are going to be foregoing a July 4 break to go back home to visit with our constituents in order to stay here, ostensibly, to work on the problem of the accumulating budget deficit and huge debt that the United States has taken on and the need to do something about that, in conjunction with the President's request that we raise the national debt ceiling. What I would like to briefly address today is what seems to me to be an obsession on the part of the President to raise taxes. In fact, he is so fixed on this, it is so important to him to raise taxes, that he is willing to risk an economic crisis knowing that Congress will not raise taxes as part of this debt ceiling increase. And we should not. Not because we are trying to protect somebody but because higher taxes on an already weak economy would just make things worse. Now, we can point to a lot of what the President has done since he took office that has made things worse, but I do not know of a single economist who believes that American businesses will be more likely to hire people, will be more likely to create jobs, if they are faced with paying higher taxes. They will not. Everyone knows that. So when the President talks about raising taxes, he is talking about killing jobs, and I would like to speak about the three specific taxes that he has talked about. I know because I was the Senate Republican delegate in the meetings with the Vice President at which this was discussed.…
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