On the recordDecember 12, 2012
I want to thank my friend, the gentlewoman from New York, for this vigorous debate that we had on the floor today. Mr. Speaker, top to bottom, the leadership of the Democratic Party has been on record here again today saying they want to increase taxes on small business. They want to increase taxes on family-owned businesses and people who get up every day and want to employ people and work harder. Small business is the engine of our economy, and our friends, the Democrats, want to punish them through taxes for fairness issues. Well, I'd like to say, Mr. Speaker, we've got a bunch of problems in this country, and that's why we're at the fiscal cliff. This thing is not as a result of taxes, it's as a result of spending and too many people not having jobs to be able to pay in not just their taxes, but to be able to sustain our economy. So we have millions of people that are unemployed and drawing unemployment compensation. We're seeing disabilities rise at a rate of 16 percent every year. One thing which we note is that just before President Obama took effect, the White House figure showed the Federal budget was $2.9 trillion. Next year's estimate is going to be $3.8 trillion. This is a 31 percent increase in spending in just 4 years. We have someone as President, our great President, who is hung up on taxing and spending.…
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