On the recordMarch 13, 2008
I don't know what kind of statistical contortion must have gone through producing that last chart. We just finished 52 consecutive months of job growth, the largest expansion in our Nation's history. But more to the point is this issue of whether we are raising taxes here or not, because we need to be honest with the American people. The underlying Democratic budget, don't take my word for it, it raises taxes. Take the Senate's word for it. Because just this morning on a 99-1 vote in the U.S. Senate, they rejected the logic of this budget. They said we want to preserve the middle-class tax cuts, which they define as the kid credit and the marriage penalty and 10 percent bracket and some others. But they changed the budget by $341 billion to prevent $341 billion of the $683 billion tax increase from taking place. So don't take my word for it, but the Democrats and the Republicans in the Senate. All but one person said we should not raise taxes as much as the House Democrats are raising taxes; let's raise taxes half as much. So the point is this: our friends on the other side of the aisle can come up with reserve funds and senses of Congress and preferences and hopes and dreams and aspirations. But what counts is what you put in the budget. And if you are coming to the floor and saying you are balancing the budget, by the way this budget is written, it only does so by giving us the largest tax increase in American history.
Source
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