As I sit here and listen to my colleagues across the aisle, I want to remind them that the American people showed on November 2 that they're not buying the class warfare that our friends are still trying to sell. We're a month away from tax increases that will hit every American taxpayer. The Obama-Pelosi-Reid spending spree that has racked up $6.1 trillion in Federal spending in just 22 months is about to hand the American people a massive tax increase. Democrats have majorities in both houses of Congress until January, and there's time for them to do something to stop the $3.9 trillion tax increase. But so far all we're seeing on the agenda is more spending. Republicans are ready to work in a bipartisan way to stop these tax increases and to cut spending. But if the President and congressional Democrats don't take action before the end of the year to stop all the tax hikes and cut spending, the new House majority will in January. That's our Pledge to America, and we intend to keep it.
Editor's note · Context
The speaker addresses impending tax increases and government spending.
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