Republicans categorically oppose hiking taxes in times of economic crisis. For the past 19 months, we have offered better alternatives to the stimulus, cap-and-trade and the health care overhaul that keep the growth of government in check. We have taken a scalpel to the budget and offered up hundreds of billions of dollars of spending cuts. I don’t believe any American thinks that this $3 trillion is being well spent.
Next year, President Obama is going to preside over one of the largest tax increases on families and small businesses in American history. How his administration has convinced itself that this is a good idea right now is beyond comprehension.