Texas Insider Report: WASHINGTON D.C. In Saturdays radio address President Obama told the American people that although the U.S. has created private sector jobs for the past 21 months in a row that is not enough for struggling Americans. We must continue growing the economy by passing the payroll tax cut which will give the middle class a tax cut of $1500 and provide small businesses more money to hire workers by cutting their payroll taxes in half.
The President urges all Americans to tell Congress not to raise taxes during the holidays and act in the best interests of middle class families and pass the tax cuts now.
Remarks of President Barack Obama Weekly Address The White House December 3 2011
This week we learned that our economy added another 140000 private sector jobs in November. Despite some strong headwinds this year Americas economy has now created private sector jobs for the past 21 months in a row almost three million new jobs in all more than half a million of them in the past four months alone. We need to keep this growth going and strengthen it. Thats why weve been fighting to pass a series of jobs bills through Congress bills that independent economists say will create more jobs and grow the economy even faster. Because now is the time to step on the gas not slam on the brakes. Unfortunately too many Republicans in Congress dont seem to share that same sense of urgency. Over the last few months theyve said no" to most of these jobs bills. No" to putting teachers and firefighters back to work. No" to putting construction workers back on the job. And this week they actually said no" to cutting taxes for middle-class families. You see last year both parties came together to cut payroll taxes for the typical middle-class family by about $1000. But that tax cut is set to expire at the end of this month. If that happens that same family will see its taxes go up by $1000. We cant let that happen. In fact I think we
should cut taxes on working families and small business owners even more.
And were going to keep pushing Congress to make this happen. They shouldnt go home for the holidays until they get this done. And if you agree with me I could use your help.
Weve set up a simple tax cut calculator on WhiteHouse.gov so that you can see exactly what the stakes are for your family. Try it out. Then let your members of Congress know where you stand.
Tell them not to vote to raise taxes on working Americans during the holidays. Tell them to put country before party. Put money back in the pockets of working Americans. Pass these tax cuts.
Were all in this together. The more Americans succeed the more America succeeds. And if we remember that and do what it takes to keep this economy growing and opportunity rising then Im confident that well come out of this stronger than before.
The audio of the address and video of the address is available online at www.whitehouse.gov.
