Search Form
First, enter a politician or zip code
Now, choose a category

Public Statements

Job Protection and Recession Prevention Act of 2012

Floor Speech

By:
Date:
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. McCONNELL. Mr. President, I wish to thank my good friend the majority leader for his kind words and thank everyone for their patience and their counsel throughout this process.

I also thank the Vice President for recognizing the importance of preventing this tax hike on the American people and stepping up to play a crucial role in getting us there. It shouldn't have taken us this long to come to an agreement and this shouldn't be the model for how we do things around here, but I appreciate the Vice President's willingness to get this done for the country.

I know I can speak for my entire conference when I say we don't think taxes should be going up on anyone, but we all knew that if we did nothing, they would be going up on everyone today. We weren't going to let that happen. Each of us could spend the rest of the week discussing what a perfect solution would have looked like, but the end result would have been the largest tax increase in American history.

The President wanted tax increases, but thanks to this imperfect agreement, 99 percent of my constituents will not be hit by those hikes. So it took an imperfect solution to prevent our constituents from very real financial pain. But, in my view, it was worth the effort.

As I said, this shouldn't be the model for how we do things around here, but I think we can say we have done some good for the country. We have done some good for this country. We have taken care of the revenue side of this debate, and now it is time to get serious about reducing Washington's out-of-control spending. That is a debate the American people want. It is the debate we will have next, and it is the debate Republicans are ready for.

BREAK IN TRANSCRIPT


Source:
Skip to top
Back to top