[Congressional Record (Bound Edition), Volume 156 (2010), Part 7]
[House]
[Page 9255]
[From the U.S. Government Publishing Office, www.gpo.gov]




                 AMERICAN JOBS AND CLOSING LOOPHOLE ACT

  (Ms. KILROY asked and was given permission to address the House for 1 
minute.)
  Ms. KILROY. Mr. Speaker, in central Ohio the economy is growing 
stronger, but we must continue to create an environment that encourages 
prosperity. The American Jobs and Closing Tax Loopholes Act will do 
just that; it will close loopholes that give outsourcing a benefit and 
will provide jobs and tax relief for businesses and working families.
  For too long unscrupulous corporations have outsourced American jobs, 
sending them overseas, sticking American taxpayers with the bill. It's 
time to close that tax loophole that encourages that behavior and 
demand accountability.
  This bill also will close another tax loophole and make Wall Street 
fund managers pay a fair tax rate on their income, just like my central 
Ohio constituents do. It will make the oil companies pay for the gulf 
oil cleanup, not American taxpayers. And it will rebuild our crumbling 
infrastructure with Build America bonds. Also giving our students 
summer jobs, promoting research and development with a research and 
development tax credit.
  H.R. 4223, the American Jobs and Closing Loophole Act, is deserving 
of our support. I encourage my colleagues to vote for it.

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