PoliticalNews.me - May 16,2012 - Sen. Hutchison Discusses Taxes, Deficit on Senate Floor
Why on earth donít we listen to the small business people of this country and do what they do every year: pass a budget?
Washington, DC - U.S. Senator Kay Bailey Hutchison joined three other Republicans - Senators John Barrasso (R-WY), Bob Corker (R-TN), and Ron Johnson (R-WI) -- on the Senate floor in a colloquy to discuss tax issues and skyrocketing U.S. deficits. Below is an excerpt of her remarks,
Sen. Hutchison: I thank the Senator from Tennessee. I would just say this is interesting because there are four of us on the floor right now - the Senators from Wisconsin, Tennessee, and Wyoming, and myself. We have one thing in common: Every one of us has run a business. Every one of us were in business before we came to the United States Senate. So, we know when we're talking about new taxes -- which are all we hear from the Administration -- which new taxes are not going to help this economy grow because our small businesses are scared to death. I know, because I've heard the Senator from Tennessee and the Senator from Wisconsin -- who came straight out of a business, who ran for the United States Senate because he was so frustrated in business. We know that small business people out there today are looking at the increased taxes that are already in place with Obamacare, added taxes and surtaxes that have already been passed by the Democrats in Congress without one single Republican vote. Plus, you've got the fines that businesses are facing if they don't have the government-prescribed Obama health care plan. They're going to have to pay fines -- on top of the surtaxes -- to pay for the bill that they're not going to be able to use.
And then they're looking at the regulations coming out of this Administration and they're saying: ĎAnd Congress wants to spend another $1 trillion this year?'
Every one of us knows that we're looking at hitting the debt ceiling again -- over $16 trillion -- this fall, because this Administration will not even consider lower taxes and lower spending levels. So, I look at all of us on the floor right now who have been in business, who've run a business, who have met that payroll, who have met the regulatory environment -- and I think, why on earth don't we listen to the small business people of this country in this body and do what they do every year: pass a budget? You know, the Senator from Wyoming is here, and I would just ask if he has an idea of when was the last time the United States Senate passed a budget resolution.