In the last two years, if you look at the seven, technically eight bills, that have gone to the White House and been signed by the President that raised taxes, $625 billion, almost as much as this tax increase they voted to do yesterday, $625 billion, can anyone wager how much of that money went to reduce the deficit? The answer is zero.
Brady highlights that recent tax increases did not reduce the deficit but were instead spent.
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I am proud to yield 2 minutes to the gentleman from west Texas (Mr. Arrington).
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