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Tipsheet

One Step Closer to a Tax & Spend Explosion

This afternoon, the House passed the Budget Conference Report by the razor thin margin of 214-210. Close, but still a grave warning that we are one step closer to Congress' tax and spend bonanza. If the Democrats get what they want and this budget passes in its current form, Americans will be hit with the largest tax increase in American history.
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The plan has been put in place, but now it has to be appropriated.  What that means is that now Congress will set specific funding levels for specific programs and agencies to fill in the blanks in this budget.  There’s still a chance for Congress to show some respect for hard-working taxpayers and keep government spending low, cut wasteful spending, and pass real tax relief.  Hopefully, Congress will come to their senses before it's too late.



My colleague Congressman John Campbell has a great post on his Green Eyeshade Blog about how this will affect a family with two children:

The Davis Family: A Middle Income Family in Middle America

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