On the recordSeptember 16, 2010
I thank my colleague. I thank my colleague for his words here this evening and for his leadership on this and on so many issues. I just found it striking, Mr. Gingrey, that what you are talking about here is not only staggering debt, as the current chart indicates, but that you are talking about taxes. I want to take just a minute to put this into context. We have been suffering with a struggling economy. We have watched the gross domestic product decline each quarter for the last three quarters. As you know very well, we have been looking at unemployment above 9 percent for 16 consecutive months, and this is after the passage of the trillion-dollar stimulus bill that the President said would keep unemployment below 8 percent. We have been at 9 percent or more and at 9.6 percent most recently, and now there is a proposal to impose the largest tax increase in American history on January 1, which is, of course, what will happen unless Congress takes action, unless the majority party in this body brings forth legislation that will keep that from happening. I just wanted to join with my colleague, with Leader Boehner, with everybody on this side of the aisle, and with a growing number of our colleagues on the other side of the aisle who say let's don't do that, who say let's don't raise taxes on any American. Particularly to the point you were making earlier, let's don't raise taxes on the job creators. We are trying to create jobs.…





