[Congressional Record Volume 156, Number 155 (Wednesday, December 1, 2010)]
[House]
[Pages H7760-H7761]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           EXTENDING TAX CUTS

  (Mr. TONKO asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. TONKO. Mr. Speaker, I rise today with one question for former 
President George W. Bush and the Republican leadership in Congress: 
Where are the jobs?
  With inspirational titles promising economic growth and job creation, 
the 2001 and 2003 tax cut packages fell well short of their names. From 
2001 to 2007, the economy grew at its slowest pace since World War II.
  The Bush tax cuts failed to bring the growth they promised, and now 
my colleagues on the other side of the aisle want a no-questions-asked 
extension of

[[Page H7761]]

this failed policy. Not so fast. Sixty-six percent of all growth 
between 2001 and 2007 went to the top 1 percent of Americans. Did that 
trickle down to the rest of us? All you have to do is ask a family in 
Albany or Schenectady or Troy, New York that I represent. My district 
will say it most certainly did not.
  In the debate over extending tax cuts, the choice is clear. I stand 
with the 98.1 percent of households in my district, the middle-income 
community, the working families. I hope my colleagues on both sides 
will review their own district numbers and do the same.

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