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Mr. NUNNELEE. Our friends on the other side have called for what they label a balanced approach, but let's look at the record.
Is their quench for new taxes insatiable? At the start of this year, they got $600 billion in new taxes due to the fiscal cliff bill that passed. In addition, they added another $1 trillion of new taxes, starting this year, for ObamaCare. A total of $1.6 trillion in new taxes have been added since New Year's. But before the ink was even dry, they began to call for even more tax increases. In fact, the budget that we're discussing here calls for an additional $2.8 trillion of taxes that will be paid for by hardworking men and women around America. Taxes like, if you sell your house, you'll have to pay an excessive tax on the gain from the sale of your house when you're in retirement.
What do they do with their new taxes? Do they take it and pay down the debt? No. Instead, they take these additional taxes and use it to spend more.
This budget is not content with ObamaCare that passed a few years ago, no. It expands that. I do commend our friends on the other side for at least showing your intentions that you're not going to be happy until every American is on socialized medicine. And this expands ObamaCare.
It also expands food stamps. At a time when projections are showing that our economy may improve, certainly we should see individuals moving away from food stamps and on to a job supporting themselves, but that's not what we're seeing. A measure of success of a society should not be how many people can we put on public assistance. The measure of success of a society should be how many men and women can we allow to help themselves.
But this budget does cut spending in one area. It cuts into our national defense, even more so than the President's budget that he submitted last year. So while we're increasing spending on things that would drain our economy and deprive our children of obtaining jobs, we're compromising the very defense of our Nation. And when does it balance? Never.
Mr. Chairman, I reject this budget and urge you to vote "no.''
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