OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Extend Payroll Tax Cut

Floor Speech

Date: Dec. 7, 2011
Location: Washington, DC
Issues: Employment and Affirmative Action Taxes Government Budget and Spending

Ms. McCOLLUM. Madam Speaker, the temporary payroll tax cut is putting money into the economy and the pockets of 160 million Americans. And now my Republican colleagues are demanding harmful cuts to working families and seniors to offset these middle class tax cuts.

A better idea is to cut from the $1 trillion in special interest tax earmarks identified by the bipartisan Simpson-Bowles Commission. Let's cut the $2 million earmark for wooden arrow manufacturers. Let's cut the $40 million earmark for the owners of NASCAR racetracks. And let's cut $235 million in earmarks for rum producers in Puerto Rico and the U.S. Virgin Islands. The earmarks are unfair and unaffordable.

To the 99 percent of Americans who don't have a lobbyist, sorry, you missed out on the special interest bonanza. Congress needs to protect working families. Let's pass President Obama's middle class payroll tax cut and help our families and our economy now.


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