On the recordJuly 17, 2012
the American people are struggling. Our economy is barely keeping its head above water. Millions of citizens remain out of work. President Obama has spent trillions in taxpayer dollars, and there is nothing to show for it. He talks about investments--investments in infrastructure, in roads, and in bridges-- while he has spent trillions. Where are the roads? Where are the bridges? Where is the new electrical grid? This reckless spending is a sin of commission. But the administration's sins of omission are perhaps worse. With businesses and families lacking any certainty at all about their tax rates next year, the President and his liberal allies have, nonetheless, steadfastly refused an extension of the 2001 and 2003 tax relief. Even worse, they are so committed to raising taxes on small businesses--the same small businesses that must be cultivated to get our economy and job growth moving again--that he and his Democratic allies in the Senate have put their feet down and are denying tax relief to anyone unless they get their way on tax increases. And make no mistake about it, increasing taxes is what they intend to do. They intend to do it so they can spend more. They live to raise taxes. It is almost as though their only source of pleasure is hiking taxes. Taking money out of the private sector and controlling it for their liberal agenda is like some power trip for the left.…
