[Congressional Record Volume 156, Number 16 (Wednesday, February 3, 2010)]
[House]
[Page H477]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOLVING THE NATION'S FINANCIAL PROBLEMS
(Mr. BUTTERFIELD asked and was given permission to address the House
for 1 minute.)
Mr. BUTTERFIELD. Mr. Speaker, while there continues to be signs of an
improving economy, it is clear that Americans still need help. In my
hometown of Wilson, North Carolina, unemployment rose to 12.5 percent
in December. That's one out of eight, and 73 of my 100 counties are
suffering unemployment rates of at least 10 percent.
President Obama's 2011 budget wisely provides for critical
investments to spur job creation and strengthen long-term economic
security. This budget includes $100 billion in small business tax cuts,
infrastructure and clean energy. This includes a new $33 billion small
business tax cut, an extension of the broadest tax cut in American
history, the Making Work Pay tax credit. It also increases the child
care tax break for middle-class families and eliminates the capital
gains tax on investments by small businesses. I urge my colleagues to
join me in working to ensure that we take the necessary and commonsense
steps to solve these problems.
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