This is a great bill and I've already told you why. This is going to be the greatest deficit reduction bill in the history of this country. It is going to prevent the largest tax increase in this country. And those young people over at Wharton may want to look because in my district, if we have a 4.5, $2.5 trillion tax increase because we don't get this thing done, the average family is going to have a almost 20% increase in their taxes. (05:47–05:51)
CLAIM
Asserts that the bill will prevent 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.
