Budget

Floor Speech

Budget

Mr. GRAVES. Madam Speaker, the President's budget is going to cost Americans trillions of dollars. How does he want to pay for it? By taxing small businesses, the very people who are responsible for creating 7 out of every 10 jobs.

Many small business owners file their taxes as individuals. So let's be honest about who we're asking to pay for this unprecedented expansion of government. Every dollar we take from small business owners is a dollar that cannot be used to reinvest in their businesses or hire more workers.

The President and his friends in Congress act like they know the needs of small business owners. The President's announcement last Monday to ``help'' small businesses with SBA loans was a clear example of just how out of touch the President is. According to a recent survey of small business owners, 90 percent of owners said they have never even applied for an SBA loan.

Congress must reject the President's budget which spends too much, borrows too much, and taxes our Nation's hardworking small business owners.

Our job here in Congress is to put the American people back to work, not grow government.

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