[Congressional Record Volume 157, Number 181 (Tuesday, November 29, 2011)]
[Senate]
[Pages S7939-S7940]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PAYROLL TAX CUT EXTENSION
Mr. DURBIN. Mr. President, I will only take a moment to say that we
have an opportunity now, before we leave for Christmas, to not forget
people across America who are struggling in this economy.
A payroll tax cut, instituted by President Obama and supported by
Congress, basically gives more working families a little bit extra
money each month. For the average working family in Illinois, it is
about $1,500 a year. For some of us in the Senate, that may not seem
like an enormous sum of money, but for families struggling paycheck to
paycheck it makes a big difference.
We need to make certain we restore this payroll tax cut which is
going to expire at the end of this year. How terrible it would be for
us to impose an additional burden on working families, to impose a new
payroll tax on working families when they are struggling in this
economy that needs their spending power. Every economist taking a look
at this has said the two best things Congress can do to help this
economy move forward and not fall back is to make sure this payroll tax
cut is protected and that this new payroll tax is not imposed on
families; and, secondly, to extend unemployment benefits for the
millions across America who are still struggling to find a job.
We need to call on our colleagues--Democrats and Republicans. For
goodness sake, how can we in good conscience go home to celebrate the
holiday season with our families and say to the millions of working
families across America: Incidentally, on January 1, your taxes are
going up. That is wrong. It is not fair. Whatever our rationale
politically, it makes no sense in the family rooms and neighborhoods of
America that we would impose a new payroll tax on working families who
are working so hard to keep their heads above water. Before we leave,
let us follow the lead of Senator Bob Casey of Pennsylvania who is
sponsoring this legislation. Let us extend this payroll tax cut to help
working families and help our economy. We should not go home for
Christmas without that extension and without some help when it comes to
extending unemployment benefits.
Mr. President, I yield the floor.
The ACTING PRESIDENT pro tempore. The Senator from Arkansas.
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