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Senate Proceeding on Dec 3rd, 2010 :: 0:43:45 to 0:55:50
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Sherrod Brown

0:43:41 to 0:44:01( Edit History Discussion )

Sherrod Brown: choices that we need to make. and i encourage my colleagues to support our amendment i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. mr. baucus: i yield to the senator from ohio. the presiding officer: without objection.

Sherrod Brown

0:43:45 to 0:55:50( Edit History Discussion )
Speech By: Sherrod Brown

Sherrod Brown

0:44:02 to 0:44:22( Edit History Discussion )

Sherrod Brown: the senator from ohio. mr. brown: thank you, mr. president. i thank the senior senator from montana who laid out exactly why his efforts to extend the bush tax cuts to the middle class, up to $250,000, is not to -- not to extend them beyond that is the exact right public policy. it's good fiscal policy.

Sherrod Brown

0:44:23 to 0:44:44( Edit History Discussion )

Sherrod Brown: it's good economic policy. it's good for our country. and it's exactly the right thing to do. i thank him. i thank him for his explanation, including the earned-income tax credit, which is the best tax incentive to help people working hard, playing by the rules,

Sherrod Brown

0:44:45 to 0:45:05( Edit History Discussion )

Sherrod Brown: making $20 thousand, $30,000 a year, encouraging work the way the eitc does. i also thank the chairman of the finance committee, the senior senator from montana, for including the unemployment insurance in this. 85,000 ohioans three nights ago lost their unemployment insurance.

Sherrod Brown

0:45:06 to 0:45:26( Edit History Discussion )

Sherrod Brown: these are people, man of them -- many of them, i have read letters on the senate floor and i will read today. many of them have worked for 20, 30, 40 years and simply can't find a job. there are five people applying for jobs for every one job opening in my state and in this country. it's so important that these people continue to at least get some assistance.

Sherrod Brown

0:45:27 to 0:45:47( Edit History Discussion )

Sherrod Brown: it's -- in spite of what some of my republican colleagues suggest, unemployment insurance is insurance. it's not welfare. the -- their employer on their behalf pays into the unemployment insurance fund in their states and when they lose their jobs, because it's insurance, they should get assistance. it's just like fire insurance or

Sherrod Brown

0:45:48 to 0:46:09( Edit History Discussion )

Sherrod Brown: health insurance, you don't want to use it, but you want it to be there if you need it. that's why it's so important. i appreciate senator baucus' discussion of why this is the right policy. and before i read some letters about some people -- about the unemployment benefits i want to talk for a moment about why that is the right policy.

Sherrod Brown

0:46:10 to 0:46:30( Edit History Discussion )

Sherrod Brown: the bush tax cut primarily went to the wealthy in 2001 and 2003 have proven and senator mccaskill said it, it was basically an experiment. for 10 years, we'll try and see if this works. i didn't support them when they passed the house many years ago, because i thought it was too tilted toward upper-income people and not nearly the focus

Sherrod Brown

0:46:31 to 0:46:51( Edit History Discussion )

Sherrod Brown: they should have been on the middle class. it was an experiment in many ways. you give major tax breaks to the rich, the so-called trickle-down economic theory. and the theory then is enough -- the higher people and enough will trickle down, provide jobs and create and strengthen the middle class.

Sherrod Brown

0:46:52 to 0:47:12( Edit History Discussion )

Sherrod Brown: what we saw during the bush eight years were the main thrust of economic policy was the tax break for -- that was the stated policy. if you cut taxes enough on the wealthiest americans, that will drive the economy forward. we know in those eight years of the bush administration there was a -- one million net job increase.

Sherrod Brown

0:47:13 to 0:47:33( Edit History Discussion )

Sherrod Brown: not enough to take care -- not enough to provide jobs and even keep up with the growing population. not enough to provide jobs for kids coming out of high school. not enough to provide jobs for people leaving the army. not enough to provide jobs for people coming out of college. it is clear that experiment failed.

Sherrod Brown

0:47:34 to 0:47:54( Edit History Discussion )

Sherrod Brown: cut taxes on the rich, only a one million net increase in jobs. it didn't work. if you look at the clinton years, the eight years before -- and these aren't opinions. these are facts. you look at the eight years before where president clinton did a mix of tax cuts, tax increases on the wealthy, and spending cuts, he balanced the

Sherrod Brown

0:47:55 to 0:48:15( Edit History Discussion )

Sherrod Brown: budget, we ended up with 22 million job increase. 22 million job increase with an economic policy of the clinton years that we want to follow today versus a one million job increase, not even enough to keep up with the growing population, from the bush economic policy. so it's clear what this means. not to mention, mr. president,

Sherrod Brown

0:48:16 to 0:48:38( Edit History Discussion )

Sherrod Brown: what senator baucus has pointed out too is we are, in essence, borrowing $700 billion to pay for the tax cuts, we're borrowing $700 billion from the chinese. that's where we borrow a lot of money. we're taking the 00 billion and putting it -- $700 billion and putting it on the credit cards.

Sherrod Brown

0:48:39 to 0:49:00( Edit History Discussion )

Sherrod Brown: and the $700 billion is given to the wealthiest taxpayers. you borrow it from china, charge it to our children and grandchildren and give it to people who billionaires. what kind of moral policy, let alone a bad economic policy. and the last thing, mr. president -- so it's bad fiscal policy to do anything but tax cuts for the middle class.

Sherrod Brown

0:49:01 to 0:49:21( Edit History Discussion )

Sherrod Brown: it's bad economic policy. it's not fair to our children and our grandchildren. and last make a comparison -- in this bill -- between unemployment benefits extending, maintaing unemployment benefits to the 85,000 -- 85,000 families in ohio found out two days ago their unemployment insurance was no longer.

Sherrod Brown

0:49:22 to 0:49:42( Edit History Discussion )

Sherrod Brown: 85,000 families. those are families that some of them are going to lose their homes. a father is going to have to sit down with his 12-year-old daughter and say, hone, we're going -- honey, we're going to lose this house. what school district are we going to be in, dad? i don't know. we know the hardship this creates for people if we don't

Sherrod Brown

0:49:43 to 0:50:03( Edit History Discussion )

Sherrod Brown: extend these benefits. these are people who want to go back to work. they're trying to find jobs. there aren't enough jobs out there. they're spending money for gasoline. they need gasoline to look for jobs. they need this to at least stay alive and at least have some decent standard of living.

Sherrod Brown

0:50:04 to 0:50:24( Edit History Discussion )

Sherrod Brown: even john mccain's chief economic adviser from his 2008 campaign understands. he said $1 you put into unemployment benefits, you put into the dollar of a worker in zanesville, that unemployed worker, that father or mother or that man or woman is going to go out and spend that money because they need to. they need to buy shoes for the

Sherrod Brown

0:50:25 to 0:50:46( Edit History Discussion )

Sherrod Brown: kids, they need to buy food for themselves, they need to heat their homes, they need to put gas in their cars to look for jobs. so every dollar put in unemployment generates $6.60 in economic -- $1.60 in economic activity which will create jobs. a dollar in tax cuts for the wealthy, a dollar that goes to a millionaire, what are they going

Sherrod Brown

0:50:47 to 0:51:08( Edit History Discussion )

Sherrod Brown: to buy they're not already buying? they simply -- they meet their needs. they have million dollars of dollars at their disgretion to do it. they're not going to buy more food. they're not going to take an extra vacation. they have the money they need. so that dollar, according to this analysis, again, john mccain's chief economic adviser, that dollar to goes to

Sherrod Brown

0:51:09 to 0:51:29( Edit History Discussion )

Sherrod Brown: a tax cut for the wealthy ends up generating 30-some cents in economic activity creating fewer jobs. mr. president, before concluding i want to read a couple of letters from people in my state about what senator baucus' and this legislation means in terms of unemployment benefits and why it's so important.

Sherrod Brown

0:51:30 to 0:51:51( Edit History Discussion )

Sherrod Brown: shanda from the dayton area, i've been out of work since february. i've been receiving unemployment benefits. i'm 36. i've been working since i was 16. this is par for the course. people working since 16, 18, full time. i applied for 100 jobs in the?? past month and found absolutesly nothing. if unemployment stops, i will

Sherrod Brown

0:51:52 to 0:52:13( Edit History Discussion )

Sherrod Brown: i know i can't return in january since i won't be able to pay my bills. unemployment is not allowing me to go on trips, eat out every day, shop till i drop, i just need a roof over my head and food in mine and my daughter's stomachs. please work diligently to extend unemployment for those who have

Sherrod Brown

0:52:14 to 0:52:34( Edit History Discussion )

Sherrod Brown: nothing without it. lorainings from tulane county, please do what you can to get the unemployment extension passed. i've been out of a job for year. we're two months behind on our mortgage. we're exhausted our savings. my husband is out of work too due to an accident. i'm so worried.

Sherrod Brown

0:52:35 to 0:52:56( Edit History Discussion )

Sherrod Brown: please help us. carole from summit county, akron, northeast ohio, i'm writing this for myself and other ohioans whose unemployment benefits is running out. 85 million families lost their benefits in my state alone. i'm 61. i've been on unemployment since june. my benefits ruin out december 20.

Sherrod Brown

0:52:57 to 0:53:18( Edit History Discussion )

Sherrod Brown: there are no citizens with 40 years of work believe me i tried everything from wal-mart to mcdonald's. i have no savings. i lost what little retirement i had a couple years ago. i'm not asking for handout, just some help. please encourage congress to provide at least one more extension it. -- without it many ohioans will be

Sherrod Brown

0:53:19 to 0:53:44( Edit History Discussion )

Sherrod Brown: i never thought raising a family as a single mom i would find myself in this position at this age. mr. president, i -- i know my colleagues want to do the right thing. i really do believe those who vote no on everything i believe in, i know they want to do the right thing. i just wonder, mr. president -- i know they get letters like this, because every one of us,

Sherrod Brown

0:53:45 to 0:54:06( Edit History Discussion )

Sherrod Brown: you know, whether you're in ma mazoula or dayton every one of us gets letters from constituents in our state that are hurting. even in states that have pretty good economies, there are people who are hurting. i don't know if our colleagues never read them or never meet people like this. i assume our colleagues don't visit food pantries like i do and some of my other colleagues

Sherrod Brown

0:54:07 to 0:54:27( Edit History Discussion )

Sherrod Brown: do and hear the stories. i don't know that i've been to a food pantry in the last two years that i don't hear a volunteer, most of them are staffed by a volunteer, a volunteer or paid director might say, you know, see those people over there? they used to bring food in. now they're picking food up. that's just the story you hear place after place, time after time.

Sherrod Brown

0:54:28 to 0:54:48( Edit History Discussion )

Sherrod Brown: mr. president, as i said, i don't think my colleagues are hard heart, i don't think they they know, they're not hearing from people like carole. if they're not visiting food pantries, not stopping in a union hall and talking of work carpenter, out of work

Sherrod Brown

0:54:49 to 0:55:09( Edit History Discussion )

Sherrod Brown: laborer who's not been called to a work site for seven or eight months. i just don't know. i ask them, you know, i've said to the majority leader, i think we should stay here until the new year. my being home with my daughters and my son and daughter-in-law and grandson and wife is very important to me. but if we don't -- if we don't

Sherrod Brown

0:55:10 to 0:55:31( Edit History Discussion )

Sherrod Brown: continue unemployment benefits, we're going to ruin the holidays or start off with 80,000 ohioans and that number keeps and, frankly, i don't think we deserve much of if that's the best we can do. mr. president, i and suggest the absence of a quorum. the presiding officer: the clerk

Sherrod Brown

0:55:32 to 0:55:37( Edit History Discussion )

Sherrod Brown: will call the roll.

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