Congressional Digest

Congressional Digest January 2011 No. 1 Vol. 90
Honorable Charles Schumer

The Bush Tax Cuts

Weighing the Costs of Short- and Long-Term Economic Recovery

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Honorable Charles Schumer

United States Senator, New York, Democrat

Senator Schumer was first elected to the U.S. Senate in 1998. He served in the New York Assembly from 1974 to 1980 and in the U.S. House of Representatives from 1980 to 1988. He chairs the Joint Economic Committee and sits on the following committees: Rules and Administration; Judiciary, where he chairs the Subcommittee on Administrative Oversight and the Courts; Finance; and Banking, Housing, and Urban Affairs. The following is from December 4, 2010, Senate floor debate on two amendments relating to the expiring 2001 and 2003 tax cuts. This debate is very simple. Everybody here believes in all good…

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