Neil

GOP weekly address: GOP promises fight against tax increase

Indiana Congressman Mike Pence is promising a fight against a tax increase he says is coming next year.

(AP) - Indiana Congressman Mike Pence is promising a fight against a tax increase he says is coming next year.

     

Tax cuts enacted under Republican George W. Bush's presidency are scheduled to expire in January and in the weekly Republican radio and Internet address, Pence promises GOP opposition "with everything we've got." He says if the cuts expire, it would mean the largest tax increase in U.S. history.

     

Partly out of voter concern over the rising federal budget deficit, Democrats are undecided over whether to extend the cuts as Republicans advocate.

       

Pence says Obama administration economic policies have failed and accuses Democrats of "pushing more spending, more regulation, and right around the corner, more taxes."

    

Pence says Americans "know we can't tax and spend and bail our way back to a growing economy."

 

 

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