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Now tax rates will rise
(CNSNews.com) - Both the House and Senate have now passed budget plans that envision tax hikes for most Americans.
On Thursday, most House Democrats -- all but 16 -- voted for a 2009 budget plan that includes the single largest tax increase in the nation's history, House Republican Whip Roy Blunt said.
But House Speaker Nancy Pelosi said the "fiscally responsible Democratic budget plan" reflects "our national values."