We've heard a lot of debate on floor this evening, but let's look at what the employers and economists are saying about this legislation and this agreement. The National Federation of Independent Business, the largest organization in the country representing small businesses: Senate passage of the tax compromise is a good step, the first step, to encourage the certainty that the small business community needs and has repeatedly asked for. Knowing their tax liability will remain low and including a workable estate tax compromise that will not threaten the family business are key components to a small business' ability to move forward, grow their business, and create jobs. Changes to this compromise would jeopardize the needed relief and certainty small businesses need. We encourage the House to take up this measure quickly and pass this bipartisan bill in its current form. The Business Round Table says: Restoration of these provisions lifts an uncertainty for businesses that will improve their ability to employ more workers and grow the economy. The U.S. Chamber of Commerce: Enacting this bipartisan framework forged by the President and Congress is one of the best steps Washington can take to eliminate the uncertainty that is preventing our employers from hiring, investing, and growing their businesses.
Dave Camp: “We've heard a lot of debate on floor this evening, but let's look at what the employers and economists are saying about…”
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The speaker discusses the importance of a tax compromise for small businesses and economic growth.
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I would just say to my good friend from Wisconsin that that was part of the story. Many of these provisions that are bipartisan job-creating provisions have been extended time and time again without being ``offset,'' without being ``paid…
At this time, I yield 3 minutes to the gentleman from Washington (Mr. Hastings), the gentleman from the Natural Resources Committee.
At this time, I yield 3 minutes to the gentleman from Pennsylvania (Mr. Gerlach), a distinguished member of the Ways and Means Committee.
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