On the recordApril 18, 2013
This is a conversation about something that's very pertinent to all Americans right now, and that is their taxes. Obviously, this is tax week, which was punctuated by an incredibly difficult day in Boston. But this is also tax freedom day that's happening April 18. It's a recognition that if Americans worked their entire year they could get to this point. For many areas of the country, this would be the day they're finally paying into their own family, rather than paying into the Federal Government or the State and local Treasury. Now, that differs from area to area, but this shows, again, the significance of what it really means to get to a point like this where we have to look again at our Tax Code. Today is the day just to be able to pause and say: Where are we with our Tax Code, and where are we with our budget? Let me just highlight a couple of things. Then I have several colleagues that I want to get a chance to yield the floor to to get a chance to continue this conversation. There's a lot of conversation about our budget, rightfully so. We're over $1 trillion overspending this year, the same as we did the year before, the year before, and the year before. Now, for the fifth year in a row something has happened that's never happened ever in American history. We've overspent the budget by $1 trillion.…





