[Congressional Record (Bound Edition), Volume 157 (2011), Part 10]
[House]
[Pages 14832-14833]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       PASS THE AMERICAN JOBS ACT

  (Mr. PALLONE asked and was given permission to address the House for 
1 minute.)
  Mr. PALLONE. Mr. Speaker, last week I was in Red Bank, New Jersey, in 
my district, outside the Broadway Diner, talking to the mayor of Red 
Bank and several small business leaders about the American Jobs Act.
  I want to urge that this House and the Republican leadership take up 
the American Jobs Act as soon as possible. The bill includes an array 
of tax cuts for small businesses that hire new workers or give raises 
to existing workers. It also includes a payroll tax cut that puts money 
into the pockets of the American workers.
  The Jobs Act will help small businesses do what they do best: create 
jobs, drive innovation, and provide economic security for the middle 
class. And the payroll tax cuts would save a small business with 50 
workers approximately $50,000 a year. On the employee side, each 
American family would take home an additional $1,500 annually.
  Mr. Speaker, when I talked to my small businesses in Red Bank about 
the American Jobs Act, they thought it

[[Page 14833]]

was a great idea. They thought they would be able to take advantage of 
it.
  We also worked with the SBA to look at possible loans that they were 
interested in to expand their businesses. This is what we need to do. 
Pass the American Jobs Act, Mr. Speaker.

                          ____________________