[Congressional Record Volume 157, Number 31 (Thursday, March 3, 2011)]
[House]
[Page H1529]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPEALING THE 1099 PROVISION'S NEGATIVE ECONOMIC CONSEQUENCES
(Mr. RICHMOND asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. RICHMOND. Mr. Speaker, my Republican colleagues came down here
yesterday, and will do so again today, like a well-rehearsed choir
singing the same song: Repeal the 1099 provision, repeal the 1099
provision. They sang it in perfect harmony.
However, they conveniently left out two verses. One, last year 239
Democrats and only two Republicans voted to repeal it. Second, they
will pay for the repeal by reaching into the pockets of working
Americans and yanking out $25 billion. That's just wrong.
So, Mr. Speaker, I remind my colleagues that their song has two
additional verses. Just because they won't sing about their tax
increase doesn't mean the American people won't feel it. I, too, want
to repeal the 1099 provision, but this is not the way to pay for it.
Mr. Speaker I yield back because I will not be a co-conspirator to
snatching $25 billion out of the bank accounts of hardworking
Americans.
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