[Congressional Record Volume 157, Number 182 (Wednesday, November 30, 2011)]
[House]
[Page H7942]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1220
                            PAYROLL TAX CUT

  (Mrs. CAPPS asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Mrs. CAPPS. Madam Speaker, I rise to urge you to bring legislation 
today to extend and expand the payroll tax cut to the floor today.
  If Congress fails to extend the payroll tax cut, the average American 
family will pay $1,000 more in taxes next year. Countless families in 
my district are still struggling to stay afloat; they can't afford to 
lose $1,000 in income next year.
  Extending and expanding the payroll tax cut is not just the right 
thing to do for families on the central coast of California; it's the 
right thing to do for our economy.
  Leading nonpartisan economists estimate that letting the payroll tax 
expire could cost the economy 400,000 jobs by the end of next year. 
Such tremendous job loss would be devastating to our struggling economy 
and to American families.
  Extending the payroll tax cut should have bipartisan support. With 
all the anti-tax pledges taken by our colleagues across the aisle, 
you'd think this would be a no-brainer. More than half of the 
Republican Conference already voted for the payroll tax cut last 
December.
  Madam Speaker, let's extend the payroll tax cut now. It's a win for 
the middle class, it's a win for small businesses, and it's a win for 
our economy.

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