[Congressional Record Volume 157, Number 25 (Wednesday, February 16, 2011)]
[House]
[Page H950]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               THE PROPOSED BUDGET HURTS SMALL BUSINESSES

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, on Monday, the proposed 
budget for next year was released by the current administration. This 
budget fails to address the issue of Washington's 4-year spending 
excess.
  The proposed budget freezes will not work. They will not provide a 
path to fundamental reform. The proposed budget destroys jobs by adding 
$1.3 trillion to the national debt. Bill Miller of the U.S. Chamber of 
Commerce reports that the budget leads to $175 billion in new tax 
increases. It cripples job creation by spending too much, taxing too 
much, and borrowing too much. Excessive borrowing by the government 
competes unfairly with small businesses.
  I support fundamental cuts that will promote private sector job 
creation. We cannot expect to borrow the way to prosperity. House 
Republicans are committed to combining sound policy with practical 
solutions to create jobs. We need to cut spending, reduce borrowing, 
keep taxes low, and provide the necessary tools to jump-start job 
creation.
  In conclusion, God bless our troops, and we will never forget 
September the 11th in the global war on terrorism.

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