[Congressional Record (Bound Edition), Volume 150 (2004), Part 7]
[House]
[Page 9473]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          JOBS AND TAX RELIEF

  (Mr. PITTS asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PITTS. Mr. Speaker, last month our economy created 288,000 jobs; 
867,000 jobs have been created this year alone. Manufacturing 
employment is up, weekly jobless claims are at their lowest since 
October of 2000, our economy is on the rebound, and we have tax relief 
to thank for that. It is proof that when working families keep more of 
their own money, it works.
  Today, we are going to act to prevent a tax increase. Current law 
says that the 10 percent tax bracket which was created in the 2001 jobs 
plan will expire. If that happens, 73 million working people will pay 
higher taxes next year, with an average tax increase of $2,400 in the 
next decade.
  Today, we will see who in this House wants to prevent this tax 
increase. Working families need every penny we can let them keep.

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