[Congressional Record Volume 157, Number 166 (Wednesday, November 2, 2011)]
[Senate]
[Page S7014]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SCHEDULE
Mr. REID. Madam President, following leader remarks, the Senate will
be in a period of morning business for 1 hour, with the majority
controlling the first half and the Republicans controlling the second
half.
Following morning business, the Senate will resume consideration of
the motion to proceed to S. 1769, the Rebuild America Jobs Act.
I filed a cloture on the motion to proceed to S. 1769 last night. If
no agreement is reached, we will vote on this tomorrow morning. I am
working with the Republican leader to come up with an expeditious way
of expressing the will of the Senate in the next 24 hours.
Again, tomorrow the Senate will vote on the Rebuild American Jobs
Act. It is a plan to put hundreds of thousands of Americans back to
work, constructing thousands of miles of roads, bridges, runways, and
train tracks.
The plan is paid for with a small tax--less than a penny--on every
dollar a person earns in excess of $1 million every year. The
legislation asks millionaires and billionaires to contribute a little
more than they do today, knowing there is a pricetag associated with
getting our economy back on track.
My Republican colleagues say they oppose this plan to hire hundreds
of thousands of construction workers and rebuild our Nation's
collapsing infrastructure because they believe the wealthiest Americans
cannot afford to pay a few pennies more.
Even the majority of people who would pay this tax say that isn't
true. They support our plan. This tiny fraction of American taxpayers
who would pay a tiny fraction more each year are among the 1 percent of
Americans who have done better and better with each passing decade.
Between 1979 and 2007, the annual aftertax income at the top 1
percent of American wage earners has increased by 275 percent. That
same 1 percent now makes more than the other 99 percent of Americans
combined. These are the latest figures. It is difficult to compile
these numbers. Think about what has happened in the last 4 years. They
have even gotten richer and richer. I repeat, that 1 percent now makes
more than the other 99 percent of Americans combined. And not all of
that 1 percent of wealthy Americans would even qualify to pay this tax
to fund billions of dollars in road construction and create hundreds of
thousands of jobs. Only those whose income is more than $1 million.
Some billionaires and millionaires would not qualify because their
income in a given year is less than $1 million. They may have a lot of
property wealth and things of that nature.
Tomorrow, my Republican colleagues face a choice, which is not
whether to invest in roads or bridges or whether the richest of the
rich can spare a few pennies for the sake of our economy; the choice is
about priorities. Who will Republicans put first, the millions of
ordinary Americans who are struggling to find work and put food on the
table or the millionaires and billionaires, whose biggest problem is
that they may have to pay an additional $7,000 on the second million
they make each year?
We ought to be able to agree that making enough money to pay even a
dollar more under our plan is a wonderful problem to have. But so far,
Republicans have been pretty clear what their priorities are. They
unanimously voted against the American Jobs Act. That legislation would
have put more than 2 million people back to work and cut taxes for
middle-class families and small businesses.
Then they unanimously voted against the Democrats' plan to put
400,000 teachers and tens of thousands of police officers and
firefighters back to work. Republicans have cost this country millions
of jobs in the last few weeks alone. They will have another opportunity
tomorrow to show America whose side they are on--billionaires and
millionaires or the middle class.
Seventy-two percent of Americans, including 54 percent of
Republicans, want us to pass this plan. Seventy-six percent of them,
including 56 percent of Republicans, want us to pay for it by asking
the Nation's wealthiest citizens to contribute their fair share.
Americans--Democrats, Republicans, and Independents--know the only
way out of the worst recession since the Great Depression is to invest
in what this country needs--its workers to be employed. They believe it
is fair to ask those who have profited most from this country's success
to help shoulder that burden.
Republicans have obstructed and opposed every Democratic effort to
create jobs this year. Why would they do that? Fear. Because those job
creation efforts would cost millionaires and billionaires even a dollar
more. Who do they fear? The truth is they are terrified to violate the
infamous Grover Norquist tax pledge, even though they know Norquist is
wrong--or if they don't know, they should know. They are in thrall, my
Republican colleagues, and in submission to a man whose singular focus
is keeping taxes low for the very wealthy, no matter what the effect is
on this Nation. They fear his political retribution.
I hope my Republican colleagues will heed this message sent yesterday
by former Republican Senator Alan Simpson, a conservative bona fide,
regarding Grover Norquist's pledge. He said the only power Norquist
wields is the power you give him. Senator Simpson said:
He can't murder you; he can't burn your house. The only
thing he can do is defeat you for reelection, and if that
means more to you than your country, you really shouldn't be
in Congress.
That is what Simpson said. I believe most Senators--and certainly
most Americans--know that legislating isn't simple. It is not as simple
as a mindless pledge. Those Senators must have the courage to act on
their convictions.
As British historian Thomas Fuller once said, ``Better break your
word than do worse in keeping it.''
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