[Congressional Record Volume 157, Number 152 (Wednesday, October 12, 2011)]
[Senate]
[Pages S6397-S6398]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICAN JOBS ACT
Mr. REID. Madam President, Republican obstructionism was once again
in evidence last night, and it has cost this Nation millions of jobs.
Last night, Republicans blocked the American Jobs Act, President
Obama's plan to create 2 million jobs by giving tax cuts to businesses
and middle-class families and investing in modern roads, bridges, and
schools.
It is not the first jobs bill they have blocked this Congress,
although I hope it will be the last. But it seems as if the Republicans
do not really want to put Americans back to work. They believe a weak
economy means a weak President. So even though they have supported each
piece of the American Jobs Act in the past, they blocked this job-
creating legislation in the hopes of doing political damage to the
President.
But we have not given up on creating jobs in America, and we will not
let Republican political games stand between Congress's most important
duty: to put 14 million Americans back to work.
Passing the American Jobs Act would have been a step in the right
direction. Economists of every stripe agree it would have impacted the
economy immediately and put up to 2 million people back to work.
Mark Zandi, chief economist at Moody's and economic adviser to
Senator John McCain's Presidential campaign said this:
Given the high odds of another recession in the next few
months, it is vital for Congress and the administration to
provide some near-term support to the economy.
Zandi says the American Jobs Act could shave a percentage point off
the unemployment rate. Conversely, he warned that without immediate
action
[[Page S6398]]
the likelihood is high of a double-dip recession. So the last thing we
should be doing right now is wasting time, but that is what Republicans
are forcing us to do.
Last night, a majority of the Senate voted to take up this bill. But
Republicans will not put politics aside for a moment, even when the
price of their stubbornness is struggling families and failing
businesses.
I say it again: Democrats are not going to give up on creating jobs.
We will introduce the American Jobs Act piece by piece.
I had two conversations last night while the vote was taking place
with Republicans, and both Republican Senators said they would like to
join in moving some pieces of this legislation. So we are going to do
that, and I am glad to see there is some interest by my Republican
colleagues in doing that.
Many of the ideas we will advance will be proposals Republicans have
supported in the past, as I have already indicated. I think they will
have to explain to the American people--at a time of record
unemployment--why they continue to oppose job-creating tax cuts for
small businesses and the middle class and other proposals they have
supported in the past. So, as I said a minute ago, I look forward to
working with my Republican colleagues in moving forward parts of this
bill they like. At the end of the day, if they do not do this, their
motive will be crystal clear: politics.
So I hope Republicans will be able to see past partisan posturing to
support their own past proposals when we consider them individually in
the next few weeks.
Take, for example, the payroll tax cut. My friend, the Republican
leader, has supported payroll tax cuts in the past. Most Republicans
have. This is what my friend, the Republican leader, said about the
same tax cut in 2009. I quote:
It would put a lot of money back in the hands of businesses
and in the hands of individuals. . . . Republicans, generally
speaking, from Maine to Mississippi, like tax relief.
So that is part of the American Jobs Act.
Another Republican Senator sponsored a bill to give tax credits to
businesses that hire out-of-work veterans. Yet that same Republican
Senator voted against the same proposal last night. It was part of the
bill last night.
Republicans have supported these proposals in the past. They should
have supported them yesterday. But Democrats care so much about
creating jobs that we will give our Republican colleagues another
opportunity to do the right thing, and we will move forward in the best
way we can to put these matters before the American people, if
necessary, piece by piece.
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