It is always an honor to be here. We have had quite a day of different suspension bills. It has been an interesting day all the way around. Also I was honored to have a visit from the new president of Baylor University, a man named President Ken Starr. I think he will do a great deal of good for Baylor University. In fact, I am wearing a green and gold tie in his honor and in honor of the school where I got my law degree. A lot has been going on. We haven't had time to take up the issue of extending the current tax rates for another year so businesses could be sure about what is going to be happening, so they could go ahead and make plans, go ahead and make those additional hires, take those folks off the unemployment rolls because they would finally know what the future holds in the way of taxes. But that was not to be. No, instead we have taken up 85, reduced by one, 84 suspension bills, all done today in a bipartisan manner. And it does bring to the fore the question as to why couldn't we do the same thing in a bipartisan way to help the economy? We are hearing over and over from business people, there is so much uncertainty. If we are really going to have this massive tax increase come January 1, we have got to hunker down and get ready. We may have to let some more people go so we can pay the additional tax burden that the Federal Government is going to lay on us.
Louie Gohmert: “It is always an honor to be here. We have had quite a day of different suspension bills. It has been an interesting day…”
Editor's note · Context
The speaker discusses the need for extending current tax rates to reduce uncertainty for businesses.
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