[Congressional Record (Bound Edition), Volume 156 (2010), Part 11]
[House]
[Page 16182]
[From the U.S. Government Publishing Office, www.gpo.gov]




       TAX PROPOSAL AND HONORING 49TH ANNIVERSARY OF PEACE CORPS

  (Mr. GARAMENDI asked and was given permission to address the House 
for 1 minute.)
  Mr. GARAMENDI. Mr. Speaker, I intended to speak to the 49th 
anniversary of the Peace Corps. On this day, 49 years ago, Congress 
passed and the President signed the authorization for the Peace Corps. 
Over those 49 years, tens of thousands, indeed hundreds of thousands, 
of Americans have served this country in what is known as the most 
difficult job you will ever love, and my wife and I did, indeed, love 
it.
  However, the tax proposal that's before us is that every American 
taxpayer will receive a lower tax rate on the first $250,000 that they 
have in adjusted gross income, whether they are a small business or an 
individual taxpayer. Those that have greater would pay somewhat higher 
tax. The other alternative is to run up the deficit another $700 
billion, which I think is a particularly bad idea.
  But back to the Peace Corps. It's a great institution, and it's been 
supported by both Democrats and Republicans, and we think that's a good 
thing.
  And that's the rest of the story.

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