[Congressional Record Volume 156, Number 154 (Tuesday, November 30, 2010)]
[House]
[Page H7650]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAXES AND UNEMPLOYMENT BENEFITS
(Mr. YARMUTH asked and was given permission to address the House for
1 minute.)
Mr. YARMUTH. Madam Speaker, we are now in a situation in this country
in which we have the greatest disparity between the very wealthiest
people and everybody else that we have had in 100 years. Already this
year, the top 1 percent of the income earners in this country have
earned 24 percent of total income. Despite all of this, our colleagues
on the Republican side want to preserve tax cuts for those very, very
fortunate people who have more now as a percentage of the American
economy than they have ever had. Meanwhile, they're going to deny 2
million Americans an extension of unemployment benefits which every
economist agrees is the best way to create economic activity.
The American people rightly wonder whose side their government is on,
and the problem, the juxtaposition of these issues that we face this
week, the question of tax cuts for the very wealthiest Americans or
extending unemployment benefits for those people who are struggling, is
a clear delineation of whose side this government is on.
We're on the side of the American people.
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