[Congressional Record (Bound Edition), Volume 157 (2011), Part 5]
[House]
[Page 6046]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      OBAMA'S BUDGET GROUNDHOG DAY

  (Mr. PALAZZO asked and was given permission to address the House for 
1 minute.)
  Mr. PALAZZO. Mr. Speaker, the White House has presented its sequel 
budget plan for America, but this sequel looks strangely like the 
prequel--filled with rhetoric, flat on vision for economic growth, and 
heavy on new taxes for America's small business owners and job 
creators.
  As a CPA who operated my own practice, I have filed thousands of tax 
returns for individuals and small businesses. I have not only met 
payroll myself, but I have examined the bottom line of businesses that 
are trying to keep their doors open. The sequel plan offered by the 
White House will tax those who are trying to expand and invest. It will 
ultimately cripple job growth and recovery in America.
  Chairman Paul Ryan has presented a plan with a vision for job growth. 
It supports many of the concepts that as a CPA I have long advocated 
for, such as simplifying the Tax Code and reducing tax levels for small 
businesses and families. As a CPA, I know the Ryan plan presents a path 
to prosperity for America, and I will support it tomorrow.

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