Mike Conaway: “Their intentions are good. They don't intend to raise the lowest tax rate from 10 percent to 15 percent, or a 50 percent…”

“Their intentions are good. They don't intend to raise the lowest tax rate from 10 percent to 15 percent, or a 50 percent increase in tax rates. They don't intend to do that. But by these budget proposals they brought in in the last 2 years, they commit all of the money that those increased taxes raise. So in order for them to make good on their promise of not raising, as example, the 10 percent rate to 15 percent, they have got to raise taxes somewhere else in the system to make up for those revenues. So your chart says we have a right to know how Washington spends its money. We also have a right to know how Washington raises its money as well, and that is one of the categories that this one falls into.”