on this Valentine's Day the Republican leadership is presenting America's largest corporations and wealthiest individuals with another sweetheart deal, while people and families in Oregon and across the nation continue to wait for a meaningful economic stimulus package. The State of Oregon continues to lead the nation in unemployment, so it is frustrating to see Republican proposals that continue to focus on people who need the Federal Government's help the least. Even more exasperating is the fact that these corporate tax credits and tax cuts will be paid by Social Security and Medicare surpluses. A true economic stimulus package would directly put people back to work and not last longer than necessary. The bill before us today is not an economic stimulus package, is not temporary, and does not target relief to businesses hurt by the recession. The most significant and appropriate response to help the American people would be accomplished by increasing funding for ready-to-go public works projects that will reduce unemployment, while benefiting communities across the country. This bill is the third attempt by the Republican leadership to use a weakened economy as an excuse for permanent tax breaks for their favored few.
Editor's note · Context
Criticizing Republican proposals for economic stimulus during a floor speech.
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