Thank you, Mr. Walberg. Thank you for your friendship, thank you for leadership. You're doing a great job. Thank you for your foresight and understanding that you can't tax and regulate yourself into prosperity. Never could, can't now, and…
Thank you, Mr. Walberg. Thank you for your friendship, thank you for leadership. You're doing a great job. Thank you for your foresight and understanding that you can't tax and regulate yourself into prosperity. Never could, can't now, and never will. It's that simple.
I do come from the Volunteer State of Tennessee, and thankfully our Tax Freedom Day is not tomorrow. It was actually about 3 weeks ago. The reason it was 3 weeks ago in the Volunteer State is because we keep our taxes low, and people in Tennessee are actually spending their money on their families now and not sending it to the government. I am happy for that. I'd like to see that move even back up in the year a little more.
There are mothers and fathers all across east Tennessee. I have the opportunity to represent the beautiful mountains of northeast Tennessee and there are mothers and fathers sitting back home in east Tennessee and all across America. They sit around their kitchen table and they have to work out a budget. It's that simple.
I can remember my wife and I when we first started our family, having to do that, knowing how much money came in and how much money went out. We had to make some decisions. You can't spend more than you bring in. If you do, you get in a credit crunch. It's amazing that we have a Congress that sometimes don't sit around that kitchen table. That is exactly what we need to be doing.
Those families back in east Tennessee, they are having to choose between buying gasoline, and it costs over $50 to fill up their pickup truck, and buying their food. They're seeing the price of milk and bread go up. They are having to worry about paying their house payments or making sure they provide health care for their children. Those are the things that moms and dads across America are having to deal with and we have got people right here in Washington that think if we can just tax them a little bit more and spend a little bit more, we can take care of them.
Now where I grew up, I never came to the conclusion if government could just take care of us, things will be okay. Actually, the way we believe back in the mountains in east Tennessee, if government will just get out of our way and keep taxes and regulations low, we have actually been able to take care of ourselves pretty well. We have done it well in America for over 200 years, and why we think we need to change now, I just don't understand it.
Especially when you look at gas prices. My goodness, we passed an energy bill, so-called energy bill back in December on this House floor. It had new taxes, new regulations. You know what it didn't have? New energy. Now how you can call a bill an energy bill with no energy, I don't get it. Sometimes we just need some common sense. The American people get it. They understand that common sense.
And then you look at the budget. The two things that are facing Americans today are their family budget, their small business budget, and then that cost of energy. Those are the two things that are on peoples' minds across America. And you look at the Democrats' budget resolution, it fails the test of fiscal responsibility miserably. Instead of exercising fiscal restraint in lowering our taxes, the Democrat budget raises taxes by $683 billion over the course of the next 5 years. You heard me correctly: $683 billion.
Now I go home to my district every weekend, talk to a lot of people about a lot of issues, and I can tell you not once do I hear somebody say, If you could just raise the budget by $683 billion and take a little bit more of my tax dollars, my family is going to be better off. I don't hear, If you can just pass an energy bill with no energy and just put a little more tax on top of the energy and regulate them just a little bit more, then my family is going to be better off. That is not what the American people are looking for.
If you look at $683 billion, that is the largest tax increase in American history. It blows away the previous largest tax increase in history, which was passed in 1993, and that was over $443 billion. These are real tax hikes on real people.
Here are some staggering statistics for families living in northeast Tennessee. According to the Heritage Foundation, because of the Democrat budget, the average taxpayer in my district will be forced to pay an increase in $1,596. This will result in almost 2,000 jobs lost and a loss of $188 million in the First District's economy.
When I go home every weekend, I don't hear people say, Please raise my taxes so we can lose 2,000 jobs. We are actually seeing jobs move to Tennessee because we keep taxes low and keep regulations low. We are a good work State. We have a good work ethic. We certainly don't need the Federal Government to come in and help us to move us in the wrong direction.
By reimposing the marriage penalty tax, roughly 23 million taxpayers will see their taxes increase by $466 a year simply because they are married. Now in east Tennessee I don't go home every weekend and hear people say, I want you to raise my taxes just because I did what is biblically correct and I did the right thing.
We have choices. We have choices between a bigger economy or a bigger government. Taxing spending is not the road we need to head down. Ronald Reagan once said we don't have a trillion-dollar debt because we haven't taxed enough, we have a trillion-dollar
debt because we spend too much. That is common sense. That is the type of logic I hear when I go home to east Tennessee every weekend.
I think we as Members of Congress need to be more concerned about the budgets of mothers and fathers that they have to put together sitting around kitchen tables every month rather than growing the Federal budget and taking money from those very mothers and fathers that have to sit around the kitchen table every month.
That is the common sense that the American people are looking for.
I hear a lot about hope and change. Really, the hope that people are looking for is just the hope that they can fill up their gas tank, the hope they can buy a gallon of milk, the hope they can buy a loaf of bread, the hope they don't have to spend all their money to take care of government, the hope that the government will let them go out and have that life, liberty, and pursuit of happiness that you were talking about earlier with our good friend, Mr. Sali from Idaho. That is the hope that the Americans are looking for, and the change they are looking for is just to get back to some common sense principles that worked over 200 years very well.
The Founding Fathers knew exactly what America needs. I look around this beautiful room and I look behind you and it actually says: In God We Trust. That is the type of change we need in America. We need to get back to some of those bedrock principles where we allow people to go out and pursue happiness.
You know, one of my favorite quotes is from Henry Ford. Henry Ford once said: If you think you can or you think you can't, you're right. The American people think they can. But they think they can't if they see government continue to get bigger and go bigger and bigger. We talk about taxing and spending. The reality is you spend, then you tax. So it should really say spending and taxing.
So we have got to keep the spending low, regulations low, taxes low, and the American people will go out and succeed. There's no better people anywhere in the world than right here in America. We have a great work ethic, we have great values, we have great morals, and we can take care of our families if we will just allow families to take care of families.
I would like to see if you have any comments.
I wanted to thank you for your leadership in introducing the Tax Increase Prevention Act. That is exactly the type of leadership we need. You are a great leader in your State. You are a great leader here on the floor of Congress and in America. Thank you for the opportunity to be a sponsor of this legislation. Together we will make some changes. God bless you.
Thank you, Mr. Walberg. Thank you for your leadership. I would like to thank Mrs. Bachmann for your interest in this, your hard work here in Congress.
I really appreciate your leadership in this and understanding that you can't tax and spend and regulate yourself into prosperity. The American people understand it. It is a simple principle. We need to start thinking outside the Beltway, not inside the Beltway. And if we do those things with lower taxes, lower spending, we will actually start to produce energy in America again, start to use American oil and American coal, safe nuclear, those things to bring down the energy costs. If we bring those taxes, those regulations down, then the American people will go out there and have those jobs. The best economic stimulus package in America is a good paycheck. And thank you for your leadership.