Political Quotes

“Mr. President, today I introduce the Small Business Tax Extenders Act of 2011, targeted tax relief legislation to extend, for one year, the essential tax relief provisions that were included in the Small Business Jobs Act of 2010. When the Small Business Jobs Act was crafted, I worked closely with Finance Committee Chair Baucus and then Ranking Member Grassley to ensure the critical small business tax provisions that reflected our shared priorities were included in that legislation. I sincerely appreciate all of their hard work on that legislation. As the former Chair and now Ranking Member of the Small Business Committee, I am well aware of the urgent imperative of job creation in our country. According to the Bureau of Labor Statistics, the average annual unemployment rate for 2010 was 9.6 percent. For 27 out of the past 32 months the unemployment rate has been at 9 percent or above. About 45 percent of the unemployed have been out of work for at least 6 months--a level previously unseen in the 6 decades since World War II. At a time when 14 million Americans are still unemployed, and have been so for the longest period since record keeping began in 1948, our government should be taking every possible step to ease the burden on job creators. We must help create an environment that is conducive to small businesses' job creation. One critical way to do so is through targeted small business tax incentives.…”