[Congressional Record Volume 156, Number 162 (Thursday, December 9, 2010)]
[Extensions of Remarks]
[Page E2098]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  MIDDLE CLASS TAX RELIEF ACT OF 2010

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                               speech of

                           HON. KURT SCHRADER

                               of oregon

                    in the house of representatives

                       Thursday, December 2, 2010

  Mr. SCHRADER. Mr. Speaker, as our economy continues to recover we 
need to do everything we can to help struggling middle class families. 
That's why I supported the extension of the 2001/2003 tax cuts which 
provides meaningful tax relief for 97 percent of families and small 
businesses. I'm also pleased that this legislation complies with PAYGO 
and will add some much needed certainty to Oregon families and small 
businesses as they budget for next year.
  However, I'm uncomfortable making these tax cuts permanent and would 
prefer a temporary extension to protect middle class families. We need 
to have a real debate on overhauling our tax system and its long term 
effects on our economy and National Debt next session. Without 
controlling our deficit issues we will be unable to fund our schools, 
health care for seniors, public safety and national defense so we must 
keep all our options on the table. I'm also disappointed we did not 
include the bipartisan estate tax fix, which passed the House last 
December, in this tax relief package.

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