Virginia Foxx: “As I said earlier, when people ask me what is the difference between a Democrat and a Republican, I say, well…”

“As I said earlier, when people ask me what is the difference between a Democrat and a Republican, I say, well, Republicans think that you should keep more of your money and spend it and take care of yourself; and Democrats want to take more of your money away from you and give it to the government. And let me give you an example of what is happening. I don't have to just talk about that in the abstract; I can talk about it in concrete terms. The tax decreases that were put through by a Republican Congress and advocated by a Republican President are due to expire in 2010 because of the rules of the Senate, which would not allow those tax cuts to be made permanent. Now, 2 weeks ago, the Democrats, who are now in a majority here in the House, and our Constitution requires that spending bills and budget bills have to begin in the House, they passed their budget. It passed, and it assumes that the 2001/2003 tax cuts will expire. The effect of that will be to impose the largest tax increase in American history, nearly $400 billion over 5 years, mainly to finance their immense new spending.”