[Congressional Record Volume 156, Number 80 (Tuesday, May 25, 2010)]
[House]
[Page H3757]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 CREATING AND PROTECTING AMERICAN JOBS

  (Ms. RICHARDSON asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Ms. RICHARDSON. Prior to the Obama administration, our economy was 
run into a ditch. We were losing over 700,000 jobs a month and most 
families were struggling just to pay their bills. But, yes, what a 
difference a year has made.
  This Democratic Congress, working with President Obama, has chartered 
a new direction. Americans are now paying the lowest amount of tax 
rates since the 1950s; getting deductions on property taxes; help with 
bonds for States so they can rebuild hospitals and sewers; and tax 
relief for tuition and teachers for their out-of-pocket expenses. And 
finally, yes, we have to protect those coasts and increase the oil 
spill liability trust fund.
  But there is more to do, we all know that, and that is why this week 
we are looking to pass the American Jobs and Closing Tax Loopholes Act, 
to close tax loopholes that many corporations have taken advantage of. 
We have to restore credit to small businesses, extend tax incentives so 
American businesses can do the research that they need, and, yes, our 
young people need jobs. Didn't you get one?

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