Video archive of the US Congress

Senate Proceeding on Dec 9th, 2010 :: 10:56:25 to 10:58:24
Total video length: 11 hours 53 minutes Stream Tools: Stream Overview | Edit Time

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Sherrod Brown

10:56:21 to 10:56:41( Edit History Discussion )

Sherrod Brown: and that would cost us $1 trillion over ten years to our national debt. but they are making significant progress by lowering the rate to 35%. mr. brown: thank you for yielding, senator stkarpbdz. -- senator sanders. i hear what you say about the tax burden in this country, that

Sherrod Brown

10:56:25 to 10:58:24( Edit History Discussion )
Speech By: Sherrod Brown

Sherrod Brown

10:56:42 to 10:57:05( Edit History Discussion )

Sherrod Brown: it falls predominantly in the middle class. when i hear you talk about the estate tax, this raises a couple -- no estate tax in the first $10 million of their assets, after they both die and considering they shelter a good bit beyond that. then the tax rate above, only on

Sherrod Brown

10:57:06 to 10:57:28( Edit History Discussion )

Sherrod Brown: the dollars above $10 million were lowered considerably in this proposal. what's happening extending the tax cuts? i was intrigued, i guess it was yesterday, when you offered a motion on the floor in light of the fact that a relatively small group of people get huge, huge tax cuts, that millionaires and billionaires, whether it's the

Sherrod Brown

10:57:29 to 10:57:49( Edit History Discussion )

Sherrod Brown: estate tax upon their death, that their heirs enjoy this huge, huge tax break or whether it's they when earning get a huge tax cut. your motion yesterday simply said, if i recall, that everybody on social security would be a beneficiary. that's tens of millions.

Sherrod Brown

10:57:50 to 10:58:11( Edit History Discussion )

Sherrod Brown: mr. sanders: over 50 million. mr. brown: 50 million people would get a check for $250 from the government at the cost of, i believe about $13 billion for one year. it wouldn't have been a long-term deficit issue. it would have been a onetime cost to people who wouldn't get a cost of living adjustment this year.

Sherrod Brown

10:58:12 to 10:58:24( Edit History Discussion )

Sherrod Brown: the average beneficiary gets about $14,000 a year. we know an awful lot of social security pwreufs live mostly on their social security. most people have a little bit

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