Not only have we failed to do anything proactive, but the Democrats have made it absolutely clear that they will not renew these tax cuts. They're not going to do this. So we know that we're going to end up with the biggest tax increase in our history right on top of this huge unemployment and a recession going on. This is not wise.
On the recordJuly 21, 2010
Source
govinfo.govEditor's note · Context
The speaker is discussing the potential impact of not renewing tax cuts amid economic challenges.
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No, I don't yield. The Acting CHAIR. The gentleman from Missouri controls the time.





