SMALL BUSINESS TAX CUT ACT


Earl BlumenauerU.S. Representative
[D] Oregon, United States

Length: 1 minute, 37 seconds


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00:00:00 WELL, BUSINESS IS LOOKING FOR ASSISTANCE, BUT NOBODY HAS COME SEEKING AN INEFFICIENT EFFORT LIKE THIS, DIGGING OURSELVES DEEPER INTO DEBT AND NOT HAVING THE IMPACT.
00:00:13 WE HAVE OFFERED ALTERNATIVES THAT WOULD NOT HAVE ADDED TO THE DEFICIT AND WOULD HAVE HELPED BUSINESS RIGHT AWAY.
00:00:19 I'M HONORED TO BE JOINED ON THE FLOOR WITH A YOUNG FRIEND, JOHNNY HAMMER, WHO IN LOOKING AT THIS ASSESSMENT SAID THIS WILL BE ADDING TO THE DEFICIT.
00:00:31 WELL, THAT'S RIGHT. AND WE DIDN'T NEED TO DO THAT.
00:00:35 INSTEAD, WE SHOULD BE FOCUSING ON THINGS THAT ARE DEFICIT NEUTRAL, THAT WILL GIVE AMERICAN BUSINESS THINGS THAT WILL ADD PRODUCTIVITY RIGHT NOW.
00:00:46 I STRONGLY URGE MY COLLEAGUES TO REJECT THIS PROPOSAL AND THINK ABOUT THE YOUNG JOHNNY HAMMERS OF THIS WORLD INVESTING IN OUR FUTURE IN A WAY THAT'S RESPONSIBLE AND SUSTAINABLE.
00:00:59 AND WITH THAT I YIELD BACK.
00:01:01 THE SPEAKER PRO TEMPORE: THE GENTLEMAN'S TIME HAS EXPIRED.
00:01:03 THE GENTLEMAN FROM MICHIGAN, MR.
00:01:06 CAMP'S GOING TO

Mr. BLUMENAUER. Mr. Speaker, I heard my good friend from Chicago talking about people begging for investment. Well, business is looking for our assistance, but nobody has come seeking an inefficient effort like this that will dig ourselves deeper into debt and not have impact. We have offered alternatives that would not have added to the deficit and would have helped business right away.

I'm honored to be joined on the floor by a young friend, Johnny Hammer, who in looking at this assessment, said, This is going to be adding to the deficit. That's right, and we didn't need to do that. Instead, we should be focusing on things that are deficit neutral that will give American business things that will add productivity right now.

I strongly urge my colleagues to reject this proposal and think about the young Johnny Hammers of this world investing in our future in a way that is responsible and sustainable.

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