On the recordMarch 5, 2007
we have come to the floor tonight again, my colleagues and I, to talk about something that is of great concern to us, great concern to the American people. And that is that, in just 1,398 days, there will be one of the largest tax increases in American history, over $200 billion, and that is going to occur if the majority party does not extend the tax cuts that the Republicans put in place in 2001, 2003 and extended some of them in the last Congress. But that is going to happen. This huge tax increase is going to occur in America. And the Democrats don't have to do anything but run out the clock. If they sit on their hands, sit on the ball, we will see, in 1,398 days, as I said, one of the largest tax increases that the American people will have ever experienced. Some of my colleagues on the other side have talked about the change that took place in this body, and there was a change. But I don't know anybody in America, nobody that I talk to in the Ninth Congressional District of Pennsylvania or across Pennsylvania, that voted to see their taxes get increased. Over the last several months, over the last few years, several years actually, we have seen this economy move forward creating jobs. In fact, over the last 4 years, this economy has created 7.2 million jobs. The unemployment rate in America is at 4.6 percent.
Source
govinfo.gov




