[Congressional Record (Bound Edition), Volume 156 (2010), Part 13]
[House]
[Page 18297]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    TAX RELIEF FOR THE MIDDLE CLASS

  (Mr. BACA asked and was given permission to address the House for 1 
minute.)
  Mr. BACA. When President Obama took office, he inherited a $1.2 
trillion deficit, two wars, the recession and mounting job losses that 
pushed our economy to the brink. Since then, we have made steady 
progress towards recovery and have laid the groundwork to create new 
jobs. But during these tough times, we must act decisively to extend 
tax relief for middle class families.
  If Congress does not act soon, 98 percent of Americans will face a 
tax increase in January 1. For the typical middle class family, this 
means the loss of $2,000 next year. Two thousand means an awful lot to 
middle income families.
  Republicans must stop holding these tax cuts for the middle class 
hostage. I state, Republicans must stop holding these tax cuts for the 
middle class hostage. Extending the tax cut for the rich will not 
create jobs and stimulate the economy, but it will add--I state, it 
will add--$700 billion to our national deficit--$700 billion to our 
national deficit. The time for simply saying ``no'' is over. Let's work 
together to create jobs.

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