[Congressional Record (Bound Edition), Volume 155 (2009), Part 1]
[House]
[Page 249]
[From the U.S. Government Publishing Office, www.gpo.gov]




    DEMOCRATS LOOK TO PROVIDE TAX RELIEF TO 95 PERCENT OF AMERICANS

  (Mr. PERLMUTTER asked and was given permission to address the House 
for 1 minute.)
  Mr. PERLMUTTER. Our Nation is facing some of the worst economic 
conditions in decades. By the end of next year, our economy could fall 
$1 trillion short of its full capacity. That is a loss of $12,000 of 
income for every family in America. We cannot continue on this same 
economic course. Congress must take bipartisan action in the coming 
weeks to improve our economy both in the near term and down the line.
  Economists tell us that we must act in bold terms--that we must 
invest in new technologies and, most importantly, that we must invest 
in the American people.
  Congress should work with President-elect Obama to craft a targeted 
and fiscally responsible economic recovery package that invests in the 
middle class families by providing them with tax relief during these 
uncertain times.
  Madam Speaker, it's going to take time to turn this economy around, 
but we should start the process immediately so that all Americans can 
once again live the American dream.

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