Tax and Spend Hurts Economy

TAX AND SPEND HURTS ECONOMY -- (House of Representatives - April 02, 2008)

(Mr. WILSON of South Carolina asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)

Mr. WILSON of South Carolina. Mr. Speaker, right now Americans are feeling the pinch from rising gas prices, health care costs, and food prices. There has been a slowdown in the growth of our economy. In light of this, it seems downright wrong for Congress to be proposing a budget that will raise $683 billion in taxes, the largest tax increase in America's history. This will hit 116 million Americans, while spending billions more on wasteful government spending.

American taxpayers will have to foot this bill if we do not stand up and protect their wallets from the Washington tax and spend machine. I support the Republican Study Committee budget, a plan that meets the needs of the American people, balances the Federal budget by 2012, fixes the AMT, addresses the runaway entitlement crisis, and does not raise $1 of taxes on hardworking Americans. At a time when Americans pay too much at the pump, at the store, and at the hospital, it is wrong to ask them to pay more to the government.

In conclusion, God bless our troops, and we will never forget September the 11th.

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