[Congressional Record Volume 156, Number 166 (Wednesday, December 15, 2010)]
[House]
[Page H8357]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CANDY FOR THE WEALTHIEST AMERICANS
(Mr. YARMUTH asked and was given permission to address the House for
1 minute.)
Mr. YARMUTH. Madam Speaker, this week, the Senate and the House will
be asked to vote on a package of tax extenders and other provisions
that will provide great benefits for many hardworking American families
and for low-income people. Unfortunately, this comes at a very high
price to the American people and to the national debt.
We are being asked by Republican leaders in the Senate to give
benefits to the very wealthiest Americans, including an estate tax
provision that will benefit only 6,600 families--the wealthiest
families in America.
This is like going to the hospital with a serious illness and having
the doctor say to you, I'm going to give you $250,000 worth of care
that's really going to help you; but in order to get it, you're going
to have to eat $100,000 worth of candy that's going to do nothing for
you but add a lot of weight down the road--to our national debt and to
our children and grandchildren.
This is a bad deal for the American people, and I hope my colleagues
will reject it.
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