On the recordJuly 9, 2012
Thank you, Mr. Speaker. These can be the best of times and the worst of times. There is still so much potential. This country has so much in the way of assets. It is interesting to hear my friends across the aisle talk about the wonders of ObamaCare, but I know this President has said before: if you make more than $250,000, you won't ever have your taxes raised. I won't ever raise your taxes. He has said it a lot of different ways. Yet, when I read his version of the American Jobs Act, which he, himself, pushed for, promulgated, demanded be passed, it actually raised taxes on everybody who made more than $125,000. So he broke the promise there. In ObamaCare, it's very clear that, if you make just above the poverty line and if you can't afford the kind of Cadillac insurance that is demanded that you purchase, you're going to get hammered with a tax, and it will ultimately be 2\1/2\ percent in extra income tax. He basically has pushed through a bill that makes war with those who can least afford to buy health insurance--adding a 2\1/2\ percent tax to the people who are the most vulnerable and hardworking folks. They're just trying to get by, and they're going to have to pay an extra 2\1/2\ percent in income tax?…





