Mr. Speaker, it's sometimes hard to reconcile the speeches we hear here on the floor with the legislation that we've passed. People have been speaking from the other side of the aisle here for the last 30 minutes about how the Republicans in the House apparently don't want taxpayers, working Americans, to have the 2 percent of the Social Security tax back that doesn't get paid into Social Security when actually this House has taken the responsible position not wanting to raise taxes in a down economy so workers will have the money that they currently do in their paychecks. It makes sense. I've been saying ever since this first came up that the idea of a 2 percent tax cut is not a holiday and that actually the President corrupted the true payroll tax holiday idea that was brought forward 3 years ago. That was my idea. It was a stimulus idea that Moody's, when they rated the different proposals, said would stimulate the 1-year GDP more than the other proposals, and it would have. The people that earned all of the money would have gotten it for 2 months in a row. Some lazy reporters have tried to say, Well, that's just like this. Absolutely not. Unfortunately, it requires reading and not all reporters are willing to do that because it's clear my payroll tax holiday that I told the President about in January of 2009, he liked the idea and the only thing he did was take the name of it--that sounds familiar--and use that for what was not a holiday.…
On the recordDecember 20, 2011
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