Nebraska Congressman Lee Terry writes of today's fight over the Democrat's budget bill, "It proposes the largest tax increase in American history and will raise taxes on the average Nebraska family by $2,200."
Specifically the Pelosi Budget would:
- increase each tax bracket
- cut the child tax credit
- increase the marriage penalty
- increase Capital Gains taxes
- increase the death tax to 2003 levels
"Americans have demanded fiscal discipline from this new Congress, yet they are receiving tax hikes," Terry says. He pledges to fight against and vote against this reckless, feckless bill.