John A. Boccieri: “I agree with the gentleman from Virginia. We have seen almost a flip from a 6 percent job loss, when we began the 111th…”

“I agree with the gentleman from Virginia. We have seen almost a flip from a 6 percent job loss, when we began the 111th Congress in January of 2009, to nearly a 6 percent job growth in our gross domestic product. Yet we know that this is not about the GDP. This is about the j-o-b-s. We have got to put people back to work. That's why we are focusing on doing that. There are some things that we have done for our small businesses, to help struggling small businesses stay open: There is the net operating loss carry-back. We have also extended tax credits for renewable energy production because, as my colleague and I know, the cheapest energy is the energy we never use. Small businesses can save a lot by writing that off. They can save by weathering their businesses and by weathering their homes. That's what is going to save money in the long term. We are also going to give bonus appreciation, which extends to businesses that are buying equipment, such as computers. It speeds up the appreciation through 2009. That is helping our small businesses write off those losses so that they can get folks back to work.”