Rep. Foxx Blasts "Status-Quo Tax Hikes," Claims Dems Aren't Willing To Cut

July 26, 2011 12:04 pm ET

From a July 26, 2011, speech on the House floor:

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REP. VIRGINIA FOXX: Washington does not need tax hikes to raise the debt ceiling. Washington needs spending cuts. The federal government is addicted to taxpayer money. The solution is not giving it more of Americans' hard-earned money. No, the solution is to halt the runaway spending, and permanently reform Washington's reckless spending habits. We can fix the problem and pay our bills on time, Mr. Speaker. However, refusing to cut the spending and going with the status quo tax hikes would be a recipe for disaster that will rob future generations of a chance to fulfill the American dream.


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