On the recordJanuary 29, 2008
One year into the liberal Democrat majority in Congress, the economy is struggling. In the wake of more government spending, threats of tax increases, and energy legislation that did nothing to expand our access to domestic reserves, this massive American economy is slowing down. The time has come for Congress to act to stimulate the economy and stave off the possibility of a Democrat recession. This stimulus bill that will come to the floor today, while welcome, will not do enough to stimulate this economy. Congress must do more. The Recovery, Rebate and Economic Stimulus Act is a shot in the arm for a patient in need of major surgery. I will support this bill because I believe the American people are overtaxed. Putting money in the pockets of American families is a good thing. I never met a tax cut I didn't like. But this one comes close. Showering the landscape with government rebates is no way to truly strengthen the foundations of a free market economy. If we are serious about bolstering this economy and helping America's working families, we must make the President's tax cuts permanent and implement other tax reform focused on capital formation. Congress should do more. But this is a small move in the right direction.
Source
govinfo.gov




