I mean, we have the X date approaching on the debt limit, the debt ceiling. We've got resources for the border dwindling. We have market instability. And we have, We have the urgency right now to prevent the largest tax increase in U.S. history, which would happen at the end of this year if those tax cuts expire. All right, sitting on the screen right now, for anyone watching at home, is the flowchart of the process the speaker just referenced. And where we sit today right now, it is apparently going to committees. (03:10–03:18)
CLAIM
Asserts that the expiration of current tax cuts would result in the largest tax increase in U.S. history.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
