Senate Proceeding on Apr 23rd, 2009 :: 8:44:50 to 8:50:35
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8:44:28 to 8:44:51( Edit History Discussion )

John Cornyn: quorum call: the presiding officer: the senator from texas. mr. cornyn: mr. president, i'd ask unanimous cons quorum call be rescinded. objection. mr. cornyn: mr. president, i'd ask unanimous consent that the pending motion be set aside and would send to the desk another motion, which i would ask for its immediate consideration. the presiding officer: without objection, the clerk will

8:44:50 to 8:50:35( Edit History Discussion )
Speech By: John Cornyn

8:44:56 to 8:45:17( Edit History Discussion )

John Cornyn: re the clerk: mr. cornyn moves that the managers on the part of the senate at the conference on the disagreeing votes twoft houses mr. cornyn: i'd ask unanimous consent that the further reading of the motion be dispensed with. the presiding officer: without objection. mr. cornyn: mr. president, my motion instructs the senate conferees to include section 307 in included in the senate-passed

8:45:18 to 8:45:38( Edit History Discussion )

John Cornyn: budget resolution in the final conference report. as the distinguished chairman of the budget committee knows, this creates a 60-vote point of order against any legislation that raises income taxes on small businesses. the senate, in a bipartisan vote of 82-16, a rarity in the senate

8:45:39 to 8:45:59( Edit History Discussion )

John Cornyn: these days when we see that kind of overwhelming, support for anything, approved this point of order which i offered as an amendment to the budget. i think the senate voted so overwhelmingly for this amendment to the budget, and i would suggest it would be appropriate to vote for this motion to

8:46:00 to 8:46:21( Edit History Discussion )

John Cornyn: the same numbers, because the senate should not pass a budget that increases income taxes on small businesses in texas or alaska or anywhere else around the country, especially during a time when our economy is struggling and where our number-one priority is t employers retain employment for

8:46:22 to 8:46:44( Edit History Discussion )

John Cornyn: their current employees and hopefully at some point begin to increase the number of jobs available to americans across the country. i know almost 400,000 businesses in texas who employ around 4 million people who would be especially hit by a fai tour pass this motion to instruct --

8:46:45 to 8:47:05( Edit History Discussion )

John Cornyn: a failure to pass this motion to instruct and by any increase in income taxes on small businesses. earlier, i mentioned don thedford, who is a small businessman in tie lerks texas, and how he told me he was able to grow his small business because -- in part because of

8:47:06 to 8:47:26( Edit History Discussion )

John Cornyn: the tax relief we provided in 2001 and 20036789 i think it is common sense and intuitive if people don't otherwise recognize it that taxes can have an impact on the ability of a business to expand or, when taxes are unnecessarily high, cause it to contract.

8:47:27 to 8:47:47( Edit History Discussion )

John Cornyn: another businessman in east texas, cory miller from wind windsboro, texas, tells a similar story. through one business that cory has, he drills and services water the process gives families and communities access to fresh water, and in another business

8:47:48 to 8:48:09( Edit History Discussion )

John Cornyn: he has, he manufactures a type of pump that he invented, one which he now sells to other well drillers and manufacturers. he's been in this biness for 25 years and now he employs 35 pe cory believes that the tax relief, like don, believes the tax relief we passed in

8:48:10 to 8:48:30( Edit History Discussion )

John Cornyn: 2003 created the kind of positive progrowth environment which allowed him to grow his business and that higher taxes in the middle of a recession will force him to make tough decisions and possibly lay off employees. higher taxes mean for people like don and cory that they will not be able to reinvest or invest more money in their

8:48:31 to 8:48:53( Edit History Discussion )

John Cornyn: business, to purchase equipment or to hire more people because they'll have to higher taxes instead. as cory put it, "every dollar taken from an aggressive growth-oriented small businessman like myself is a dollar that will not be used to expand my business or hire new employees."

8:48:54 to 8:49:14( Edit History Discussion )

John Cornyn: now, we all know that small businesses -- if small businesses are hit by the higher taxes proposed in the administration's budget, it will cause them to contract, and we also know that small businesses arehe vehicle that has produced most of the new jobs in america over the last decade.

8:49:15 to 8:49:36( Edit History Discussion )

John Cornyn: given that president obama and his administration have said that their primary objective in dealing with this economy is job creation and job retention, i just don't understand why they would propose -- the predent would propose in his budget to increase taxes on that engine job cation known as small businesses.

8:49:37 to 8:49:57( Edit History Discussion )

John Cornyn: th when a bipartisan majority supported my point of order, my amendment to the budget here in the s so, i would ask my colleagues once again to support in this same bipartisan fashion by joing with me and supporting this motion to

8:49:58 to 8:50:12( Edit History Discussion )

John Cornyn: instruct the conferees, not to raise taxes on small businesses, the primary job engine in our country. mr. president, i would yield the