I thank the gentleman for yielding. We have just come through a wrenching election. Wrenching, in large part, because of the pain being experienced by our constituents, some more than others. A pain that they're experiencing in part because they are unemployed or underemployed or working two or three jobs to support themselves and their families. We all heard that pain. We all heard that concern. At the same time as we heard the concern about the pain of economic uncertainty, we heard the concern and the fear about deficits and debt. And so, my colleagues, we are confronted with two twin challenges: growing our economy and creating jobs, and confronting this gargantuan deficit that puts at risk our economy and the future of our children. The American public would hope that we would come together and pass that on which we can agree, that on which we can compromise. This House, in fact, passed two pieces of legislation weeks ago and months ago. Months ago, we passed legislation which would give certainty, and my Republican colleagues talk about certainty and I agree with them. We need to give certainty to families, certainty to businesses, and, yes, certainty to those who are worried about estates. They ought to expect that of us, and we passed 12 months ago a continuation of then-existing law, $3.5 million per spouse or $7 million per couple exemption and a 45 percent rate. But that languished in the United States Senate.…
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