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Published on Mar 21, 2013
In a speech on the Senate Floor today, U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, said that despite Senate Democrats' claims that the spending contained in their budget would be covered by closing so-called "loopholes," the reality is that the budget calls for an increase of about $1.5 trillion in tax hikes. Hatch outlined how despite the rhetoric from Senate Democrats and the President, the reality is that their budget would hit middle class taxpayers with this tax hike.