Congressman Canseco Statement on House Passage of The Middle Class Tax Relief & Job Creation Act of 2011

Dec 14, 2011

FOR IMMEDIATE RELEASE
December 14th, 2011

Contact:  Valentina Weis
(202) 225-4511 or Valentina.Weis@mail.house.gov

Congressman Canseco Statement on House Passage of The Middle Class Tax Relief & Job Creation Act of 2011

Washington, D.C. – Congressman Francisco “Quico” Canseco (TX-23), a former small business owner, released the following statement after the House of Representatives passed the Middle Class Tax Relief and Job Creation Act (H.R. 3630):

“Right now, almost 13 million Americans are unemployed and we’re now in our 34th straight month that the unemployment rate has been at or above 8%. Too many Americans are currently without a job, and the last thing the economy needs right now is for Americans to be saddled with higher taxes. The Middle Class Tax Relief and Job Creation Act ensures that Americans don’t receive an early Christmas present from Washington in the form of higher taxes, as this legislation extends the payroll tax cut enacted in 2010 through 2012. This legislation also recognizes the high unemployment facing our nation, as it also extends the expanded unemployment benefits through January 2013, while making responsible and commonsense reforms to ensure that the hard-earned tax dollars of Americans are not wastefully spent.

This legislation also includes several items to help bolster private sector job creation, such as forcing President Obama to either approve or disapprove of the Keystone XL pipeline, a project with bipartisan support that would create tens of thousands of new jobs; staying several jobs-killing EPA rules known as the “Boiler MACT rules,” and extending through 2012 the ability of qualified small businesses to deduct 100% of the expense of certain capital asset purchases. The Middle Class Tax Relief and Job Creation Act is paid for with spending cuts and other common sense sources that reflect ideas advanced by both Republicans and Democrats, which differs from the preferred approach of President Obama and his Washington liberal allies who simply want to raise taxes.

Since taking office in January, my top priority has been getting our economy turned around and creating jobs. To that end, I’ve supported over 25 jobs bills that have been passed by the House of Representatives, but have been blocked from consideration in the United States Senate by Senate Majority Leader Harry Reid. Instead of doubling down on President Obama’s failed economic policies of simply attempting to spend and borrow our way to economic prosperity, I call on Senator Reid to pass in the United States Senate, and President Obama to sign into law, the Middle Class Tax Relief and Job Creation Act as soon as possible.”

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