Allowing taxes to go up on all Americans would have raised taxes by $3,000 for a typical American family. And that could cost our economy well over a million jobs.

And a special thank you to the citizens of Massachusetts: You are paying all the taxes, creating all the jobs, raising all the children. This government is yours. Thank you for letting me serve you. I love this job.

These tax-cut proposals are especially encouraging. Cutting taxes on workers and businesses creates jobs.

If the price of oil stays high and our taxes along with it, I expect more jobs lost, more flights cut and more airlines in crisis.

Higher taxes kill jobs. Regulations kill jobs.

I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.