[Congressional Record Volume 157, Number 183 (Thursday, December 1, 2011)]
[Senate]
[Pages S8079-S8080]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PAYROLL TAX CUTS
Mr. REID. Mr. President, yesterday on the Senate floor my friend the
Republican leader said he supports an extension of the payroll tax cut
that had been enacted last year. There has been an extreme change of
heart here. On the Sunday shows the assistant leader, my friend, the
junior Senator from Arizona, said Sunday: Not a chance they would work
to extend this payroll tax cut. Then, as late as Tuesday, my friend the
Republican leader said it would not ``do a thing to help the economy.''
Obviously there has been a change of heart since then by the leaders of
the Senate Republicans.
But I noted yesterday that my friend was very careful to say only
that he supports existing cuts, not that he supports our plan to cut
taxes for 160 million workers in every business in the country.
Last night I found out why. I was disappointed to see the
Republicans' alternate proposal was actually a backdoor route to
protect the very rich while shortchanging the middle class and small
businesses. Should we be surprised at this? That is what has been going
on this past year. Our proposal would provide relief for American
families and extend existing tax cuts to benefit businesses. The
Republican proposal rejects this new tax relief and
[[Page S8080]]
doesn't provide a penny of additional tax cuts for working families and
it does nothing for small businesses--the job creators the Republicans
claim to care so much about.
They seem to think our plan to put $1,500 back into the pocket of
every American, with rare exception, and give small businesses the
boost they need to hire new employees goes too far. They are willing to
fight for ever deeper tax cuts for the wealthy, but when it comes to
the middle class, Republicans here in the Senate--not Republicans
generally, but Republicans here in the Senate--believe the status quo
is good enough for struggling families. The Republican plan goes
directly against the budget agreement we reached in the summer, the so-
called Budget Deficit Reduction Act, where we raised the debt ceiling
and those things we worked on. It took 3 months. Their plan goes
directly against that plan that we made, which is now the law of this
country. While Democrats have been working tirelessly to create new
jobs, the Republican plan goes in precisely the opposite direction.
Instead of creating jobs, it would cost jobs. The report is out today
that during the month of October there were 206,000 private sector jobs
created. Under their plan, the Republicans' plan, many more middle-
class families around the country would lose their jobs. That includes
Americans dedicated to public service, hard-working people committed to
keeping our streets safe--for example, an FBI agent, Drug Enforcement
officer, food safety workers, highway construction workers. They want
to devastate those folks. That is how they want to pay for this tax
cut. It is not anything that is going to help the economy. It hurts the
economy.
They are going after jobs that we need so desperately. Do the
Republicans believe--I guess so, because that is what their legislation
is all about--that the way to revive the economy is to lay off more FBI
agents or fire more Border Patrol officers? These cuts will not revive
the economy, they will only slow it down and cost more jobs. But,
remember, the role of the Republicans here in the Senate is to defeat
Barack Obama. It doesn't matter what it does to middle-class families,
obviously.
While targeting the middle class, Republicans propose to do nothing
to cut back on excessive subsidies for many large corporations that
benefit from government contracts. This is almost hard to comprehend.
The Republicans started it, and it caught fire during the Republican
control of the Presidency. There are more than 5 million government
contractors. The Republicans propose to do nothing to cut back on
excessive subsidies for many of these large corporations that benefit
from government contracts. Employees at some of these taxpayer-
supported corporations are being paid more than $700,000 a year while
many public servants struggle to make ends meet. The Republicans want
to whack these people who work to keep us safe in many different ways
while they let these people go untouched.
The Republicans are uninterested in going after these high-income
earners. As usual, the only real target of this Republican meat axe is
the middle class. It is wrong. Americans believe, across the country,
that the middle class is hurting. I have said--I will say it again--the
only people in America who believe that the richest of the rich should
not contribute a little bit to help our economy are the Senate
Republicans. The Republicans outside this body do not feel that way.
America's middle class has been hurting for a long time. They are the
people who are struggling. They are the ones who need help, not these
multimillionaires, and not large, profitable government contractors.
The Republican proposal is unacceptable. It will not pass the Senate.
We can do better and we must do better.
Would the Chair announce the business of the day?
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