On the recordJuly 27, 2010
18 months into this administration, one thing is clear: the economic policies of this administration and this liberal Democratic Congress have failed. Nearly 15 million Americans are unemployed. Unemployment hovers near a heart-breaking 10 percent; and after months of runaway spending, bailouts and takeovers, Washington Democrats are now poised to add tax increases to their agenda. The American people are starting to realize that unless this Congress acts, every single income tax bracket will increase on January 1, 2011, every single one. This weekend Treasury Secretary Geithner actually said 'The country can withstand that. I think it's good policy.' Really? Fifteen million Americans unemployed and this administration defines good policy as what the country can withstand? The country cannot withstand more spending, more borrowing, more bailouts, or more taxes; and House Republicans will fight this tax increase with everything we have got.





