[Congressional Record (Bound Edition), Volume 156 (2010), Part 4]
[House]
[Page 5470]
[From the U.S. Government Publishing Office, www.gpo.gov]




                             FEDERAL TAXES

  (Mr. CARNAHAN asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. CARNAHAN. Mr. Speaker, Federal taxes are very considerably lower 
by every measure since Obama became President. That's a quote from 
President Reagan's domestic policy adviser, Bruce Bartlett.
  Congress and the President have enacted an array of tax cuts which 
are crucial for efforts to turn the economy around. Instead of a return 
to tax cuts focused only on the wealthy, these tax cuts are broad based 
and touch many aspects of American life, from investing in a small 
business, to buying a home or making it energy efficient, to sending 
your children to college, to buying a car. These tax cuts are helping 
families and businesses across the country and injecting consumer 
demand in the economy and spurring business activity, investments, and 
job creation.
  All told, Congress has enacted over $800 billion in tax cuts, 
including tax cuts hitting 95 percent of American families in the 
Recovery Act. Building on the Recovery Act's 25 tax cuts, we have 
enacted job-creating tax incentives to spur hiring for out-of-work 
Americans, strengthening small business and tax credits, accelerating 
write-offs to help grow this economy out of this deep economic hole.

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