On the recordMarch 24, 2014
relying on taxes alone to hold long-term deficits at 3 percent of GDP would require phasing in a 60 percent tax increase on median-income families.
Source
congress.govEditor's note · Context
Barr references a report indicating drastic tax increases needed for deficit control.
Share & report
More from Andy Barr
Apr 19, 2024
Mr. Speaker, while I rise in support of the rule, and I thank Chairman Burgess for his leadership on giving Members the opportunity to vote on these packages, I also rise to express my profound disappointment that the Biden administration…
Jul 9, 2024
Runaway inflation and the increased interest rates necessary to confront it continue to hammer Americans, especially those living paycheck to paycheck.
Sep 9, 2024
Mr. Speaker, I yield myself the balance of my time for the purpose of closing. Mr. Speaker, I thank Mr. Smith as well as Mr. McGovern and their bipartisan cosponsors for bringing this bill forward. The tragedy that has unfolded in Hong…
Other voices in this conversation
