John Cornyn: “the August recess has given us all an opportunity to return to our constituents and reconnect with the people of our…”

“the August recess has given us all an opportunity to return to our constituents and reconnect with the people of our States and listen to what is on their minds, not just what we hear inside the bubble in Washington, DC. For my part, the issues I encountered wherever I went in Texas were concerns about the economy, about jobs, about Government spending. Many people are concerned, and given, unfortunately, the recent history of the Congress and the budget that has already passed, I don't blame them for their concerns. There are some very real reasons they should remain concerned about taxing and spending in the Congress. Mr. President, you will recall that in 2001 and 2003, when Republicans were in the majority, Congress passed well-timed tax relief that helped the economy overcome the fallout from corporate accounting scandals of the late 1990s, the bursting of the tech bubble, and the horrific attacks of September 11, 2001. This well-timed and important tax relief put money back into the pockets of working families all across America, in the pockets of small businesses and entrepreneurs, and as a result, the economy has bounced back in an incredible and impressive way. Items such as bonus depreciation and the $100,000 expensing have allowed entrepreneurs and small businesses to grow, not only helping their owners and their families but also creating jobs for their community. We doubled the child tax credit for working parents.”