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Public Statements

Motion to Go to Conference on H.R. 3630, Middle Class Tax Relief and Job Creation Act of 2011

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. COSTELLO. Mr. Speaker, I will vote today against this motion to go to conference with Senate and in support of the two-month payroll tax cut extension. While it is not perfect, it is a reasonable compromise that will help people make ends meet while we continue to work on a longer-term solution.

The fact is that Democrats and Republicans have been working at finding such a solution for several weeks, and this is the best we can do at this time. As we have done at other times this year, notably with the debt limit vote in August, we have an opportunity to do something for the good of the country on a short-term basis. While this is not ideal, I believe approving a two-month extension is better than letting the payroll tax reduction and unemployment benefits expire while Medicare reimbursements to doctors are cut dramatically, which will have negative effects for our fragile economic recovery.

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