Sen. Schumer: Will Republicans Support Teachers Or Millionaires?

Sen. Charles Schumer (D-N.Y.) urged Republican Senators to support legislation that would help states employ teachers instead of focusing on the tax increase it would impose on millionaires. (0:27)

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New Hampshire Democrat Charges GOP With Hypocrisy Over Payroll Tax Cuts

New Hampshire State Rep. David Watters (D-N.H.) criticizes Republican leaders for opposing the extension of a payroll tax cut, noting that under their own logic, letting the cut expire would amount to a tax increase. (0:35)

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Senate budget resolution: “world’s largest tax increase” for working Americans

Budget Committee Ranking Member Judd Gregg (R-N.H.) says that the Senate will be doing a budget resolution this week, and that it’s apparent from the “two resolutions that passed both the House and the Senate with basically democratic votes” that this resolution will have a massive tax increase. He said the increase for families with 50,000 dollars of income and two children, husband and wife, will represent an almost 2,100 dollar tax increase. He said for 24 million small businesses it will represent a 4,100 dollar tax increase, and for 18 million senior citizens it will represent an over 2,000 dollar tax increase. He said, in addition, for the “first time we will cross the line in one trillion dollars in discretionary spending.” (1:06)
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