[Congressional Record (Bound Edition), Volume 156 (2010), Part 4]
[House]
[Page 5472]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    TAX RELIEF FOR THE MIDDLE CLASS

  (Mr. PERLMUTTER asked and was given permission to address the House 
for 1 minute.)
  Mr. PERLMUTTER. Mr. Speaker, President Bush left this country with a 
$1.3 trillion debt when President Obama came into office a year ago, 
and the economy was in free fall.
  One of the things that was done over the course of the last year was 
to provide this country and working Americans with tax cuts across the 
board, $800 billion in tax cuts, greatest tax cut for working Americans 
at any time in our history.
  Now, the Republicans are complaining about everything under the sun, 
but they're not complaining about those tax cuts because they know 
they're real, whether it's earned income tax credits, college tax 
credits, accelerated depreciation for small businesses, net operating 
loss carryforwards all across the board. To this point, in Colorado, 
the average Coloradan receives $1,096 in tax cuts this year above what 
they got before. That's to get this country back on track, not leave it 
in a financial disaster, as President Bush did.
  We are moving in a new direction, and tax cuts are some of the things 
we're using to get this country back on track.

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