Kevin Brady: “Under President Obama, federal spending has grown far beyond the ability of our tax system to generate revenues.”

A year ago, we met to consider another disastrous version of this bill. Since then, American families and Main Street businesses have been facing and continue to face historic inflation and, now, a recession. This bill is a hoax on the…

I include in the Record a CBO letter, which confirms the Affordable Care Act subsidies will boost inflation and reduce the incentive for people to work. U.S. Congress, Congressional Budget Office, Washington, DC, August 4, 2022. Re…

I include in the Record the Joint Committee on Taxation analysis that shows that families earning $75,000 or $100,000 are four times more likely to have a tax hike under this bill than a tax cut. Nonpartisan Tax Scorekeeper: Average…

I include in the Record the following letter from dozens of Main Street businesses opposing the Democrats' bill because of the IRS' targeting of their business under the bill and tax hikes on small businesses. August 11, 2022. Hon. Nancy…