Massive Tax Increases – Let That Not Be The Legacy Of This Congress

By: Rep. Tom McClintock (Diary)  |  December 16th at 10:22 PM  | 

I commend the Senate for passing the tax relief measure yesterday (HR 4853 – Tax Relief Compromise), and I hope that the House passes it today. According to the CBO, this bill comprises $136 billion in additional spending and $721 billion in tax relief. That means fifteen percent of this bill is spending – the other 85 percent is tax relief: • No across the | Read More »