On the recordMarch 13, 2012
Mr. President, I urge my colleagues to support this amendment to stop the tax increase on American businesses that are creating clean-energy jobs. Especially now when gas prices are going up and families are struggling more than ever to fill the tank, we shouldn't be raising taxes on innovators and job creators who are helping to lower America's energy bills. My amendment extends 19 different tax cuts for innovative businesses that account for 2.7 million jobs. Let me also say that the oil industry has benefited from special tax benefits for almost 100 years. The cost of this is not offset, it is part of the Tax Code. Yet the tax cuts that will create American jobs to get us off foreign oil have been extended only a year at a time, and they have been subject to different budget rules. This makes no sense. If we want to see ``Made in America'' again, I urge my colleagues to support this amendment. The PRESIDING OFFICER. Who yields time in opposition?
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