House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement calling on the Democrat-controlled Senate and President Obama to stop the pending tax hike on all American families and job creators. This call to action from House Republicans to #StopTheTaxHike comes on the same day that Americans learned the economy grew at a disappointing 1.5 percent in the second quarter of this year.
"If we do not act, tax rates will increase dramatically for all individuals, families and businesses. During an era of widespread joblessness, a shrinking workforce and abysmal GDP growth, Americans simply cannot afford President Obama's tax hikes.
"Shortly, the House will pass a one-year extension of the current tax rates for all individuals and small businesses. We will also put forth a process establishing the parameters for comprehensive tax reform in 2013. We invite all Democrats interested in protecting America's families, taxpayers and job creators to join us.
"In the meantime, we hope Members from both sides of the aisle can come together to stop the tax hike that will not only harm our economy, but also America's families at a time when both can least afford it."
This week, The Hill published an editorial from Chairman Price, outlining House Republicans' steadfast commitment to stopping the tax increases while focusing on efforts to implement comprehensive tax reform. In it, he explains, "Senate Democrats can propose all the tax increases they wish. The U.S. House of Representatives will not pass a single one of them. House Republicans are acutely aware that we are the only thing standing between a tax hike and the American people, and we will not waver."
Chairman Price is a member of the House Committee on Ways and Means and the House Committee on the Budget.