[Congressional Record (Bound Edition), Volume 152 (2006), Part 2]
[House]
[Page 2340]
[From the U.S. Government Publishing Office, www.gpo.gov]




                 THE NEED FOR SMALL BUSINESS TAX RELIEF

  (Mrs. KELLY asked and was given permission to address the House for 1 
minute.)
  Mrs. KELLY. Madam Speaker, small businesses are the local engines 
that drive our national economy, so we must always keep their needs as 
a centerpiece in our budget priorities in Congress. As we analyze our 
future budget outlook in the weeks ahead, we need to work together to 
protect our small businesses.
  Yesterday, I met with a group of small business owners from the 
Warwick Valley Chamber of Commerce back in my district. Hearing them 
talk about the myriad challenges facing them and their businesses 
served as a reminder of how critical it is for us to continue providing 
them the tax relief that they need to continue to create new jobs 
across our country. We need to extend and make permanent small business 
tax relief provisions that are critical to our continued economic 
growth.
  We need to continue the increased expensing rules for small 
businesses, and we should increase the deduction this year to an amount 
of greater than $100,000. This Congress has many concerns where it 
needs to focus on budgetary concerns, but let us not forget the needs 
of America's small businesses.
  The more we do to help small businesses, the more jobs they create 
for local residents in New York and across the country. Small 
businesses in America create almost seven out of 10 new jobs. We need 
to keep those small businesses and the people working.

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