Kevin Brady: “I want to thank Chairman Tiberi and Chairman Camp for bringing this very important jobs bill to the floor. The truth is…”

“I want to thank Chairman Tiberi and Chairman Camp for bringing this very important jobs bill to the floor. The truth is, America's economy is really hurting. This is the slowest recovery, most disappointing recovery in half a century. We are missing about 5 million jobs from our economy. We have a lot of small businesses struggling. The average family of four in America is missing over $1,000 a month from their paycheck, their budget because of this disappointing recovery. So what is missing? Well, it is not government spending. That is above where it was in 2008. It is not family spending. That is above what it was. What we are missing is business investment. When businesses along Main Street buy new buildings, new equipment, and new software to make themselves more competitive, that is when jobs occur. And that is what is missing out of the economy. What this bill does is make it more affordable for our local businesses to immediately write off, deduct from their taxes a portion of what they buy in equipment and software and technology. That makes it more affordable, it allows them to do more of it, and that creates jobs along Main Street. And that is what this bill is all about, creating not government jobs, not temporary jobs, not stimulus jobs. This is about creating jobs along Main Street by letting our local businesses invest. It has always been a bipartisan bill. This is an area that Republicans and Democrats agree on.…”