Senate Proceeding on Apr 2nd, 2009 :: 5:45:45 to 5:47:10
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5:45:42 to 5:46:02( Edit History Discussion )

Olympia Snowe: explain your amendment. ms. snowe: i will, senator conrad. the presiding officer: without objection, the clerk will report the amendment. ms. snowe: i call up amendment 773 and consideration. the clerk: the senator from maine, ms. snowe, proposes an amendment numbered 773. ms. snowe: i ask unanimous reing. the presiding ofcer: without objection. ms. snowe: i thank you, mr. president.

5:45:45 to 5:47:10( Edit History Discussion )
Speech By: Olympia Snowe

5:46:03 to 5:46:23( Edit History Discussion )

Olympia Snowe: my amendment would create a deficit-neutral reserve fund for the tax cuts 2001, to extend those tax rates to shawl businesses that earn businesses that earn 50% of their income from small business. if we fail to dohat, we can expect small businesses to s

5:46:24 to 5:46:44( Edit History Discussion )

Olympia Snowe: their taxes rise by 9% by allowing those rates to go from 3u7 3% to 36%. -- 33% to 36% and from 36% to 39%. why would we want to impose a tax on the very entities thawe are depending on to lead us out of this economic morass by increasing their taxes?

5:46:45 to 5:47:05( Edit History Discussion )

Olympia Snowe: just this week, joint tax committee indicated there are 6.5% of those small businesses who earn over $250,000, three times what the original estimate was are opposed to this amendment. but let me say that the small business administration said 93% of all small business owners

5:47:06 to 5:47:12( Edit History Discussion )

Olympia Snowe: file an individual tax return. and treasury department has