[Congressional Record (Bound Edition), Volume 156 (2010), Part 1]
[House]
[Page 1077]
[From the U.S. Government Publishing Office, www.gpo.gov]




                SOLVING THE NATION'S FINANCIAL PROBLEMS

  (Mr. BUTTERFIELD asked and was given permission to address the House 
for 1 minute.)
  Mr. BUTTERFIELD. Mr. Speaker, while there continues to be signs of an 
improving economy, it is clear that Americans still need help. In my 
hometown of Wilson, North Carolina, unemployment rose to 12.5 percent 
in December. That's one out of eight, and 73 of my 100 counties are 
suffering unemployment rates of at least 10 percent.
  President Obama's 2011 budget wisely provides for critical 
investments to spur job creation and strengthen long-term economic 
security. This budget includes $100 billion in small business tax cuts, 
infrastructure and clean energy. This includes a new $33 billion small 
business tax cut, an extension of the broadest tax cut in American 
history, the Making Work Pay tax credit. It also increases the child 
care tax break for middle-class families and eliminates the capital 
gains tax on investments by small businesses. I urge my colleagues to 
join me in working to ensure that we take the necessary and commonsense 
steps to solve these problems.

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