[Congressional Record Volume 156, Number 154 (Tuesday, November 30, 2010)]
[House]
[Page H7651]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         MIDDLE CLASS TAX CUTS

  (Ms. CHU asked and was given permission to address the House for 1 
minute.)
  Ms. CHU. During the worst recession in decades, should we be giving 
hundreds of billions in borrowed money to the rich? No. Instead, we 
should reignite the economy and focus on protecting the middle class. 
That's why I support extending tax cuts for them, who are 98 percent of 
American families.
  But some in Congress are holding the middle class hostage in order to 
cut taxes for the wealthiest 2 percent. In tough times like these, 
millionaires should be giving to charity, not getting it. This will 
force our cash strapped government to lose $700 billion over the next 
decade.
  And where will this money go? Straight into the pockets of those 
making more than half a million a year. What's worse, the wealthy are 
less likely to spend this money, doing little to help our economy 
recover.
  To me, the answer is clear--let's put our money where it creates jobs 
and helps the people who need it. Let's extend middle class tax cuts.

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