WHITE HOUSE: ‘Would Reduce A Burden… Create Jobs’

HOUSE DEM: ‘It Should Have Happened Earlier’

‘Part Of Obama’s Jobs Bill’ “The House on Thursday passed a measure to repeal an IRS withholding tax, the first measure from President Obama’s $447 billion jobs package that Republicans have agreed to back.” (“House Passes Part Of Obama’s Jobs Bill,” CBS News, 10/27/11)

HOUSE OF REPRESENTATIVES: 405 Congressmen, Including 170 Democrats voted for H.R.674: “To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities” (H.R.674, Roll Call Vote #815, Bill Passed 405-16: R 235-0, D 170-16, 10/27/11)

• REP. SANDER LEVIN (D-MI): “It should have happened earlier. I think most of us, if not all of us, agree that this provision should be repealed… I urge its support.” (Rep. Levin, Congressional Record, H.7139, 10/27/11)

• REP. EARL BLUMENAUER (D-OR): “…a strong bipartisan vote, reaffirming the bipartisan cooperation that got us to this point. I think that this is an example of what potentially we could do…” (Rep. Blumenauer, Congressional Record, H.7141, 10/27/11)

• REP. BILL PASCRELL (D-NJ): “The repeal of this requirement will free up small businesses’ cash flow, increasing their ability to add jobs and bid on new projects.” (Rep. Pascrell, Congressional Record, H.7142, 10/27/11)

WHITE HOUSE: “The Administration supports passage of H.R. 674, which would repeal a three percent withholding on certain payments made to private contractors by Federal, State, and local government entities. (“Statement Of Administration Policy: H.R. 674 – Repeal Of The Three Percent Withholding On Government Vendors,” Executive Office Of The President, 10/25/11)

• “…would reduce a burden on government contractors who otherwise comply with their tax obligations, particularly small businesses.” (“Statement Of Administration Policy: H.R. 674 – Repeal Of The Three Percent Withholding On Government Vendors,” Executive Office Of The President, 10/25/11)

• “The effect of the repeal of the withholding requirement would be to avoid a decrease in cash flow to these contractors, which would allow them to retain these funds and use them to create jobs and pay suppliers.” (“Statement Of Administration Policy: H.R. 674 – Repeal Of The Three Percent Withholding On Government Vendors,” Executive Office Of The President, 10/25/11)

‘Senate Majority Leader Harry Reid … Under Pressure To Advance Legislation’

“Senate Majority Leader Harry Reid will return to Washington next week under pressure to advance legislation repealing a requirement that governments withhold 3 percent of payments to contractors. The House of Representatives passed the repeal legislation yesterday, 405-16…” (“House Vote to Repeal Contractor Rule Builds Pressure on Senate,” Bloomberg, 10/28/11)

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Steven Foley had written 1085 articles for The Minority Report Blog

A former U.S.Marine, he is the Creator of The Minority Report Network. He is also the Founder and Managing Editor of the Network’s flagship site, www.theminorityreportblog.com, Former Director of New Media for Liberty.com, Former Director of New Media for Liberty First PAC, and the Former Chief Managing Editor of 73Wire.com. Steve is a well respected national conservative blogger who’s dedicated the past several years of his life advancing conservatism online. Recently Steve was instrumental in the development of Liberty.com, Liberty First PAC, The Patriot Caucus, the national campaign trail and grassroots news site73wire.com.