Congressman Doggett: A Jobs Bill Ought to Create Jobs PDF Print

Today, the House of Representatives considered legislation intended to create jobs. In these difficult economic times, we should encourage the growth of American jobs, and it is also important that we get the most for every tax expenditure. But, as I noted in a House floor speech today, this provision does too little to create jobs and costs too much. I am very concerned that this credit will end up simply rewarding select companies for doing what they would have done anyway, and provide no help to their struggling competitors that are doing all they can simply to avoid laying off employees. Our economic recovery measures should be as effective and efficient as possible, and I do not believe this tax credit meets this test.

To see my full remarks, please click here. To see a visual aid showing who benefited the most from "worker" assistance legislation, please click here.