On the recordDecember 16, 2010
I rise to express my strong support for the tax legislation that will not only enable millions of American families to keep more of their paychecks, but will also provide a stable and predictable economic platform upon which American businesses can operate, and pull our economy from the economic morass of the past 2 years. This legislation certainly cannot remedy all of our economic struggles, but it is essential that we provide necessary certainty in Federal tax policy, which is the foundation upon which our Nation's entrepreneurs make decisions about taking risks, investing in the future, and creating jobs. As the end-of-the-year deadline looms for the biggest tax increase in history, American employers have been retrenching and bracing for the possibility of Washington taking a larger share of taxes out of their businesses--and that is inhibiting our economic potential at a time when we can least afford to fetter the forces of our private sector. Frankly, the debate over whether extending these tax provisions is the right thing to do is now past.
