On the recordOctober 26, 2011
There are 14 million Americans out of work. They need jobs. This economy needs jobs. Unfortunately, jobs have not been a focus for the House Republican leadership thus far. While private sector job growth has dwindled, House Republicans have repeatedly placed partisanship above policy. It's long past time we vote on a jobs bill. The President's American Jobs Act contains a number of important jobs initiatives which have traditionally enjoyed bipartisan support: tax cuts for businesses, tax cuts for workers, tax cuts to employ veterans, and investments in critically needed infrastructure in this country. Unfortunately, the Senate Republicans voted to kill this job creator and the House Republican leadership hasn't even brought it up for debate. Today, however, we have a small opportunity to help small businesses and provide them with greater predictability by repealing the burdensome 3 percent withholding requirement on government contractors, vendors, farmers, and Medicare providers. The President has called for its repeal, and this is a bipartisan bill supported by many of us on both sides of the aisle. The 3 percent withholding regulation became law under President Bush in 2005 in a Republican Congress. The original intent may have been to ensure tax compliance among a very small number of bad actors, yet the sledgehammer approach that was adopted is creating far more challenges than the problems we're trying to solve.…





