House Republicans Jobs Plan

Floor Speech

Mr. FLORES. Mr. Speaker, as part of the House Republicans Plan for America's Job Creators, we are working hard every day to fix the Obama economy. Last week the Senate stopped a bipartisan bill to permanently repeal the job-killing 3 percent withholding requirement for Federal payments to government contractors. This week, however, the House plans to eliminate this requirement, representing House Republicans' continuing commitment to remove barriers to job creation and eliminate excessive burdens on small businesses. These Main Street businesses are the backbones of our economy and American job creation.

As a former job creator, I know firsthand about the negative impacts of burdensome taxes and overreaching regulations. Although this withholding requirement is not scheduled to go into effect for another 15 months, it is already causing uncertainty for small businesses' operations and hiring plans.

For these reasons, Congress must act now. Permanently repealing this unreasonable withholding provision is another real world Main Street solution to provide more certainty for small businesses to grow and to create jobs again. I urge my colleagues on both sides of the aisle to support H.R. 674.

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