A Republican Budget Committee document, highlighted by conservative media with no scrutiny, has contended that the Democratic budget we are considering in the House this week raises taxes on the American people. In fact, they claim it proposes the largest tax increase in U.S. history. The following projections of adjustments to federal revenues or, in other words, the additional taxes levied on the American people, can be found on page 113 of the budget:
The Democratic budget does not raise taxes and makes middle-class tax cuts a priority. It also seeks to enhance revenues by going after the “tax gap” — the difference between taxes owed and taxes collected — and by cracking down on waste, fraud, and abuse in government programs.