Virginia Foxx: “I first want to make it clear I am opposed to allowing tax increases to go into effect on January 1. However, I am also…”

“I first want to make it clear I am opposed to allowing tax increases to go into effect on January 1. However, I am also opposed to this rule and the underlying bill. It's very interesting to hear our colleagues on the other side of the aisle arguing against the tax bill before us today because of their concerns that we're adding to the deficit. We didn't hear those arguments when they were voting for the trillion-dollar stimulus and all the other trillions they have voted for in the past 4 years. In fact, their stories and those of the President have changed dramatically over the past few days. ... Democrats fought to keep the Bush tax rates only for those making less than $250,000 in a year. That is curious, since they've been saying for about 10 years that the 'Bush tax cuts' went only to the wealthiest Americans. Democrats are arguing to keep something they said never existed. So we find our friends again on the other side of the aisle flip-flopping on this issue.”