Michele Bachmann: “on the first day that Republicans took control of the Congress in 1995, one of their very first actions was to establish…”

“on the first day that Republicans took control of the Congress in 1995, one of their very first actions was to establish a rule that required a supermajority, or three-fifths vote, to raise taxes. This was a good thing, Madam Speaker. On the very first day of Congress in 2007, however, the Democrats established new rules in this Chamber to make it easier to raise taxes with a simple majority vote. And now, after just 2 weeks in power, the Democrats, our colleagues, have already passed legislation today to raise taxes. What is worse, the taxes that are collected under this new bill will not be going toward deficit reduction or toward paying down the Federal debt. The money is going to be set aside in a special account for more spending. In Minnesota, we had a phrase when we were in session. We said, hold on to your wallets. And we can say that to the American people right now. As a Federal tax litigation attorney myself, as a small business owner with my husband Marcus, and as a mother to Lucas, Harrison, Elisa, Caroline, and Sophia, and our 23 foster children, I can tell you as a parent the best way to grow an economy, the best way to raise more jobs is not to raise taxes but to let people, families, keep more of their hard-earned money. In 2003, tax relief was passed, and the great thing is that 7.2 million jobs were created. In fact, our economy has been adding jobs for 40 straight months.”