On the recordMarch 2, 2011
We must be working from very different mathematical systems. They keep saying that we are raising taxes, and there is nothing further from the truth than the statements I have heard from the left. You have consistently posed a question that all of America needs an answer to: Is this in fact a tax increase? Well, according to the Joint Committee on Taxation, this is in fact a net tax cut of over $20 billion over the next 10 years, and it will reduce the deficit by $166 million over the same period of time. Let's also keep in mind that these cost savings come from the government recouping money that the recipients should not have gotten in the first place. That is not a tax increase. Let me say it one more time: that is not a tax increase. If we were looking for the way to actually get rid of this problem, there is a simple way to do that: let's repeal the entire health care law.
