On the recordJune 12, 2014
Just to be honest, I also might want to mention that Mr. Levin has voted five times to extend these policies, for a total of 12 years. Congress--Democrats and Republicans--have repeatedly reauthorized these tax policies without paying for them. Democrats have agreed with the policy of these bills before us today. Making them permanent gives businesses certainty that they will always be a part of the Tax Code, and it is a more honest way of budgeting. Increasing taxes to pay for these policies makes no sense. We all agree that small businesses impacted by my bill need more access to their capital, which my bill gives them. Making the policies in this bill permanent, while raising taxes in the area of the economy, defeats the purpose of freeing up capital in a way that encourages job creation and moves the economy ahead. Again, Mr. Speaker, this legislation will give businesses what they have been asking for since I came to Congress, and that is the certainty in the Tax Code, so that the Tax Code is working for them and they are not working for the Tax Code, so they can plan ahead, so they can grow their business, so they can hire more workers, and so that we can get this economy moving again and get people back to work. In order to do that, Mr. Speaker, they need the ability to access their capital, so they can invest, again, in their businesses; reenergize their businesses; buy new equipment; sell new equipment; create jobs; and, again, grow the economy.…





