Higher Taxes, Higher Spending:Democrats' $ 1 Trillion Budget To Bankrupt American Families
Today the House passed the Concurrent Resolution on the Budget for Fiscal Year 2009. This budget resolution, which represents the highest level of spending in our nation's history, also contains the largest tax increase in U.S. history. After the Democrats passed this resolution, Representative Cubin issued the following statement:
"When Democrats took control of Congress, we all were concerned with what a Democrat majority might do. The budget resolution passed today confirmed all of our fears about the outrageous tax and spend habits of Democrats. Their budget calls for record tax hikes and increases discretionary spending by $21 billion above the President's budget. It gets worse. Despite all of the things it does, it fails to do one very important thing. It doesn't make the Republican tax cuts of 2001 and 2003 permanent. This means that under this Democrat leadership, our taxes will be raised by $683 billion over the next five years. These will come in the form of higher tax penalties on marriage, children, small businesses, and family property. Basically any part of our way of life that the Democrats can tax, they will.
Considering the rising cost of gas and food prices, I do not understand how the Democrats in Congress can in good conscience support a budget that will raise taxes so overwhelmingly on hardworking, American families. American families have to live within their means, why should we not expect the government to do the same? I voted against this budget and am disappointed with the Democrats' utter disregard for the American taxpayer."