Jobs and the Economy

Statement

Date: Sept. 24, 2010

As I travel the state, I keep hearing the same question from Texans: when will Washington focus on creating jobs? Last week Congress returned to session to consider legislation that was billed as an aid package for our small businesses. American small businesses, the backbone of our economy and the key to emerging from this downturn, deserve all the help they can get. But this effort by Senate Democrats turned out to be a wolf in sheep's clothing. Democrats hope that $12 billion of temporary tax breaks included in the bill will make small businesses forget about the $300 billion in permanent tax increases they will face at the beginning of 2011. And this is on top of the largest tax increase in American history, which will come December 31st unless Congress moves. This is just the type of uncertainty that is keeping job creators on the sidelines and millions of Americans in the unemployment line, and that's why I voted against the measure when it came up on the Senate floor.


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