I come to the floor today to talk about the tax relief and tax reduction legislation that the conference committee is currently working on. To me and to all Americans, this is a very important piece of legislation. I think it is going to get even better as the House and the Senate work to hammer out the differences to help lower the tax rates for American families. When you look at this legislation, there are so many policies that will help to make America's economy grow. Families across the country will get a tax break. It is what they need. It is what they have been looking for, for a long time. Main Street businesses will also get a tax break. When people get a raise like that, they invest in their families, and they invest in their communities. They create jobs. Wages go up. The economy grows, and our Nation gets stronger. You don't have to take my word for it. Respected mainstream economists are saying exactly the same thing. They agree that our economy needs to grow. They agree that the legislation we are working on--which passed the Senate, passed the House, and is being joined together--will deliver the growth that our Nation needs. In October the Council of Economic Advisers put out a report looking at some of the ideas for tax relief. This is a group that advises the President on economic issues. Their report found that the tax plan, like the one Republicans wrote, will grow the economy between 3 percent and 5 percent. That is real growth.…
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