[Congressional Record Volume 156, Number 166 (Wednesday, December 15, 2010)]
[House]
[Page H8358]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX CUT PROPOSAL
(Mr. PAYNE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PAYNE. Madam Speaker, I, along with many of my Democratic
colleagues, continue to fight for economic priorities for middle class
Americans and for provisions that will create jobs and grow the
economy. However, the tax proposal announced by the President calls for
sharp differences in the policies and priorities of the Democratic and
Republican parties.
For instance, the Democrats continue to fight to maintain tax cuts on
incomes up to $250,000 per couple and $200,000 per individual, while
Republicans continue to demand tax cuts for all incomes, including
millionaires and billionaires.
The Democrats also strongly support the extension of unemployment
benefits to help out-of-work Americans make it through the recession,
while the Republicans are willing to hold the middle class and the
unemployed hostage to benefit the wealthy.
The Democrats are championing the needs of low-income families by
fighting to extend the child tax credit and the earned income tax
credit. In addition, we are fighting to continue the college tuition
tax credit to help students or working class families afford college.
Madam Speaker, I urge my colleagues to support a tax cut proposal
that will benefit our working class families and grow the economy.
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