I cannot support final passage of the bill in its current form. I again emphasize my long-held belief taxes should not be raised on wages or ordinary income. This legislation if passed should be paid for by other means such as raising capital gains or ending costly subsidies and tax loopholes.
Senator Jim Webb expresses his opposition to the jobs bill due to concerns about tax increases.
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Thank you, Mr. President. I thank the Parliamentarian for that clarification. (The remarks of Mr. Webb pertaining to the introduction of S. 3372 are located in today's Record under ``Statements on Introduced Bills and Joint Resolutions.'')
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