[Congressional Record Volume 157, Number 161 (Tuesday, October 25, 2011)]
[House]
[Page H7021]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HOUSE REPUBLICAN JOBS PLAN
(Mr. FLORES asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. FLORES. Mr. Speaker, as part of the House Republicans Plan for
America's Job Creators, we are working hard every day to fix the Obama
economy. Last week the Senate stopped a bipartisan bill to permanently
repeal the job-killing 3 percent withholding requirement for Federal
payments to government contractors. This week, however, the House plans
to eliminate this requirement, representing House Republicans'
continuing commitment to remove barriers to job creation and eliminate
excessive burdens on small businesses. These Main Street businesses are
the backbones of our economy and American job creation.
As a former job creator, I know firsthand about the negative impacts
of burdensome taxes and overreaching regulations. Although this
withholding requirement is not scheduled to go into effect for another
15 months, it is already causing uncertainty for small businesses'
operations and hiring plans.
For these reasons, Congress must act now. Permanently repealing this
unreasonable withholding provision is another real world Main Street
solution to provide more certainty for small businesses to grow and to
create jobs again. I urge my colleagues on both sides of the aisle to
support H.R. 674.
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