[Congressional Record Volume 156, Number 150 (Wednesday, November 17, 2010)]
[House]
[Page H7502]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
JOBS
(Mr. BACA asked and was given permission to address the House for 1
minute.)
Mr. BACA. When President Obama took office, he inherited a $1.2
trillion deficit, two wars, the recession, and mounting job losses that
pushed our economy to the brink.
Since then, we have made steady progress by preventing economic
catastrophe and laying the groundwork to create new jobs. The
Democratic ``Make It in America'' agenda has closed tax loopholes that
allow for outsourcing of jobs overseas. And the recently passed Small
Business Jobs Act provides $12 billion in tax cuts and $30 billion in
new lending for American small businesses. But with the unemployment at
9.6 percent across the Nation, and over 14 percent in California's
Inland Empire, we must do more.
I urge my Republican colleagues to come to the table and work with
Democrats and the administration. The time for simply saying ``no'' is
over. We must pass new tax cuts for the American middle class families
without the deficit-busting break for the wealthy.
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