Jeb Hensarling: “I wish to follow up on his insights about this single largest tax increase in American history that the Democrats are…”

“I wish to follow up on his insights about this single largest tax increase in American history that the Democrats are trying to impose. Again, Mr. Chairman, it is reminiscent of what they did 12 years ago, the last time they were in the majority. Again, as I said, they at least get an A for consistency. But, Mr. Chairman, this is very, very serious business; and we need to take a good hard look at the numbers. But beyond the numbers, Mr. Chairman, we need to look at the people. Earlier this evening, I read some correspondence from some constituents from the Fifth District of Texas that I have the honor of representing in Congress. These are people who will be hurt by the single largest tax increase in American history that the Democrats are attempting to impose upon America today. I heard from Carrie of Dallas, and she said: 'Jeb, you asked us to let you know what we'd be sacrificing if I had to spend another $2,200 in taxes. Well my family's basic needs may not be met, food, shelter, school clothes for the kids. Not to mention not being able to pay my creditors.'”