Building Back Better

Floor Speech

By: Ted Lieu
By: Ted Lieu
Date: Nov. 2, 2021
Location: Washington, DC

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Mr. LIEU. Mr. Speaker, three of the goals of President Biden's agenda and that of Congressional Democrats are to recover from this pandemic, to create jobs, and to lower taxes. We have met all three.

Under President Biden's leadership, case rates and hospitalizations from COVID are dropping across our country, unemployment rolls have decreased, and since January 20, approximately 5 million jobs have been created.

In addition, Democrats delivered a tax cut for families with children. We greatly expanded this tax cut, and we sent payments on a recurring monthly basis to American families. By the middle of this month, in November, the overall majority of families with children will get another round of payments directly deposited into their bank accounts.

The Joint Economic Committee has shown that this creates $19 billion worth of economic activity in the local jurisdictions and when you let American families keep their hard-earned money, it creates economic growth. We will try to extend this tax cut for working families in the Build Back Better Act.

Mr. Speaker, I urge Republicans to join us.

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