[Congressional Record Volume 156, Number 155 (Wednesday, December 1, 2010)]
[House]
[Page H7760]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                             BUSH TAX CUTS

  (Ms. SCHWARTZ asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. SCHWARTZ. Mr. Speaker, this morning, I rise in support of middle 
class Americans.
  As Americans continue to face economic challenges, the deadline looms 
for extending middle class tax cuts that provide relief where it is 
most needed; but congressional Republicans are holding these middle 
class tax cuts hostage in favor of tax breaks for the wealthiest 1 
percent of Americans, burdening our children and our grandchildren with 
unsustainable debt.
  Their argument for millionaire tax breaks: it will trickle down to 
the middle class and create jobs.
  But if that were true, America would not be in the economic situation 
it is in now. If personal tax cuts for the very wealthy create jobs--
and they've had them for 10 years--where are those jobs?
  Congressional Republicans have made it quite clear that they are 
willing to hold up tax breaks for middle-income families to protect 
multi-millionaires. Republicans talk about reducing our deficit, but 
they are perfectly happy to balloon the deficit by $700 billion to give 
tax breaks to the richest Americans.
  In the coming weeks, we will see if Republicans stand up for middle 
class Americans or if they stand against them.

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