Mr. Speaker, the bipartisan negotiations are fleeting and ephemeral around here. The White House photographers hadn't even left, the ink wasn't even dry on appointing the negotiators, and all of a sudden House Democrats bring to the floor their tax increase bill on small businesses and American families. You know what? I have heard the rhetoric of my friends on the other side of the aisle, and as I have studied this bill, I am still trying to find: Where is the tax cut they are talking about? I don't see any tax cut. All I see are tax increases. Half of small business income is going to be taxed under their bill. Fifteen million of our fellow citizens are unemployed. How many more have to become unemployed? How much more human misery? How much more rejection at the ballot box before my friends on the other side of the aisle come to their senses? They have tried to spend their way into economic prosperity; it has failed. They have tried to borrow their way into national economic prosperity; it has failed. They have tried to bailout their way into national economic prosperity; it has failed. Here today, again, another opportunity to tax our way into economic prosperity. It does not work. The American people have rejected this tired, old class warfare rhetoric. You cannot help the job seeker by punishing the job creator. The American people know this, and their voices were heard on election day.
Jeb Hensarling: “Mr. Speaker, the bipartisan negotiations are fleeting and ephemeral around here. The White House photographers hadn't…”
Editor's note · Context
Hensarling criticizes a tax increase bill proposed by House Democrats, arguing it harms small businesses and job creation.
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