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House Proceeding 01-28-09 on Jan 28th, 2009 :: 3:00:20 to 3:03:20
Total video length: 3 hours 52 minutes Stream Tools: Stream Overview | Edit Time

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Ron Kind

3:00:19 to 3:00:39( Edit History Discussion )

Ron Kind: mr. chairman, the bush tax cuts don't expire until 2 there will be sufficient opportunity for us to discuss many of the issues that have been raised by the gentleman from wisconsin, and we will have plenty of time to express those in a bipartisan manner. with that i'd like to recognize the gentleman from wisconsin -- i'd like to recognize the gentleman from wisconsin, mr. kind, for two minutes. the chair: there were two

Ron Kind

3:00:20 to 3:03:20( Edit History Discussion )
Speech By: Ron Kind

Ron Kind

3:00:40 to 3:01:00( Edit History Discussion )

Ron Kind: gentman from wisconsin part of that conversation. the gentleman from wisconsin, mr. kind, is recognized for two minutes. mr. kind: thank you, mr. chairman. i like to ask unanimous consent to revise and extend. the chair: without objection, so ordered. mr. kind: i thank my friend for yielding me this time. i would like to talk about the expiration of the bush tax cuts.

Ron Kind

3:01:01 to 3:01:21( Edit History Discussion )

Ron Kind: first, it's just not accurate to claim we've been operating under a very closed process. i know the leadership on the democratic side and certainly the chairman of the appropriations committee and the ways and means committee was open to suggestions for good ideas to be included in this economic recovery and reinvestment act. and in an unprecedented fashion, the newly elected president, president obama

Ron Kind

3:01:22 to 3:01:42( Edit History Discussion )

Ron Kind: visited capitol hill to meet directly with both senate and house republicans to hear their thoughts about the recovery package. and that's why -- i have very limited time and maybe you can get some time on your own. but that's why i'm proud to be able to stand in support of this economic recovery package and commend the chairman of the appropriations and ways and means committee for the package they put together.

Ron Kind

3:01:43 to 3:02:03( Edit History Discussion )

Ron Kind: because i believe it is bold. i believe it's going to be fast acting i believe it's going to create jobs. but i also believe that it's going to end, which is an important feature of what we're trying to do contrary to what they're trying to do with their substitute so that we don't continue to incur unfunded liabilities out into the future. in fact, i reluctantly oppose

Ron Kind

3:02:04 to 3:02:25( Edit History Discussion )

Ron Kind: the substitute because it basically undermines the help and support that so many struggling working families need this this country right now. for instance, their substitute would eliminate the making work pay tax credit that will provide tax relief to 95% of americans in this country. and in fact effectively low-income families from any tax relief whatsoever.

Ron Kind

3:02:26 to 3:02:46( Edit History Discussion )

Ron Kind: it also eliminates tax relief for families with over 16 million children by doing away with the expansion of the child tax credit that we have included in our bill. it would also eliminate the american opportunity tax credit that will provide tax relief for more than four million students. but in a very clever way they indefinitely extend the bush tax cuts which seem to be

Ron Kind

3:02:47 to 3:03:11( Edit History Discussion )

Ron Kind: universally recognized today as primarily benefiting the most wealthy by saying that we cannot do any tax reform in this country -- can i have an addional 30 seconds. mr. neal: i recognize the gentleman for 30 seconds. mr. kind: they say we cannot do any meaningful tax reform in this country so long as the

Ron Kind

3:03:12 to 3:03:20( Edit History Discussion )

Ron Kind: below the 2008 numbers, which can be 4.8% to a little over 5%. and everyone knows that that will be years from now under the best of circumstances before that unemployment rate

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