Later today we will have a budget on this floor proposed by the Democratic majority which is guaranteed to raise taxes by about $200 billion. Now, that budget will also increase spending by about $200 billion over and above the budget that the President proposed. Do we think that those two numbers are the same by coincidence? No. And it's not an increase in spending by $200 billion, it's an increase over the increase proposed by the President by $200 billion. This is not a tax increase that we need to have. This is a tax increase that they want to have because they want to spend a lot more money than we are already spending, and we are already spending too much.
John Campbell: “Later today we will have a budget on this floor proposed by the Democratic majority which is guaranteed to raise taxes…”
Editor's note · Context
Discussing the proposed Democratic budget and its implications for taxes and spending.
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