Congress to America: Shut up and hand over your cash.
In case you missed it because it was released late Friday, House Democrats announced that they will seek a massive $540 billion tax increase to help pay for Obama’s healtcare plan.
Despite a still-lagging U.S. economy and rising unemployment rate, House Democrats announced late yesterday that they will seek a massive increase in federal income taxes to help pay for the national health-care reform proposal that President Obama is urging Congress to enact this summer.
House Ways and Means Chairman Charles Rangel (D.-N.Y.)revealed late Friday afternoon that House Democrats will seek to increase income taxes by $540 billion.
And according to Pelosi, more funding will come from “squeezing ” Medicare:
Are you angry yet?