User Clip: 080924 Cornyn Said Great Recession Shouldn't be an 'Excuse' to Grow Government

"I think in the end economic growth is the key. What can we do to keep this great economy growing and producing jobs? I believe responsible tax relief helps small businesses grow and helps create jobs. Now, how would I know that? Well, all I would have to do is look back to the tax relief we passed in 2003, which cut the dividends and capital gains rate, which gave rise to a net increase of about 7 million jobs in America. That is what life was like before we hit the subprime mortgage crisis and high energy prices. But we ought to look to what works, and we should not use this as an excuse to grow the size of Government and increase the size of the tax burden on hard-working American families and small businesses because that will make things worse, not better." close