[Congressional Record (Bound Edition), Volume 156 (2010), Part 11]
[House]
[Page 15924]
[From the U.S. Government Publishing Office, www.gpo.gov]




                               TAX HIKES

  (Mr. OLSON asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. OLSON. Mr. Speaker, as our economy continues to struggle, the 
President's former budget director, Peter Orszag, stated that, and I 
quote, ``Higher taxes now would crimp consumer spending, further 
depressing the already inadequate demand for what firms are capable of 
producing at full tilt.'' In non-Washington, D.C., language, that 
translates to the more money the government takes from the American 
people, the less they have to spend and to help rebuild our economy. My 
Republican colleagues and I have been saying this for nearly 2 years.
  Now, over 30 of my Democrat colleagues have joined us in supporting 
an extension of all the tax cuts across the board. They get it. It 
makes no sense, no sense to raise taxes, especially at this time when 
businesses and individuals are trying to invest what little they have 
to make a better future and get our economy going.
  Mr. Speaker, end the uncertainty and let the American people keep 
their money. I urge House leadership to extend the 2001 and 2003 tax 
cuts.

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