Providing Consideration of H.R. 3630, Middle Class Tax Relief and Job Creation Act of 2011

Floor Speech

Date: Dec. 13, 2011
Location: Washington, DC
Issues: Oil and Gas Taxes

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Mr. FLORES. Mr. Speaker, I rise today to talk about options for American middle class jobs and American energy security. In this regard, I want to talk about two real-world examples that highlight the differences between President Obama's plan and the GOP plan for America's job creators.

Option A is Obama's plan. Option B is the GOP plan. Here are the examples: Under option A, Solyndra. Under option B, the Keystone XL pipeline.

How many part-time jobs were created under option A? One thousand. They have come and gone. Under the Keystone XL pipeline, there were over 20,000.

How many full-time jobs from Solyndra? None. They're gone. How many full-time jobs from option B, the Keystone XL pipeline? Thousands.

What did option A do for America's improved energy security? Nothing. How about for option B? Yes, we get improved American energy security.

In reducing the demand for Middle Eastern oil, Solyndra provided none. The Keystone XL pipeline will offset Middle Eastern demand by 700,000 barrels per day.

The cost to American taxpayers for Solyndra? Over $1.5 billion wasted. For the Keystone XL pipeline? Nothing. Nada.

What was the taxpayer return on Solyndra? There was none. What is the taxpayer return on the Keystone XL pipeline? It's infinite.

Who benefited from Solyndra? The President's political contributors. Who benefits from the Keystone XL pipeline? The American middle class.

How do you get more information? Go to jobs.GOP.gov for more information about the GOP plan for America's job creators.

Mr. Speaker, we can't wait for more middle class, Main Street jobs, so I urge my colleagues to vote for both the rule and the underlying bill. H.R. 3630, the Middle Class Tax Relief and Job Creation Act of 2011, is just the answer that we need at this critical time.

I also wish all Americans a very Merry Christmas.

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