Senator Casey talks about Obama's economic plan

Senator Bob Casey, Jr. (D-Pa.) discusses how Barack Obama plans to help out middle class families. (0:49)
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We should have cut corporate taxes, Congressman Sessions says

In response to my question of whether or not lowering taxes were a quick fix or not, Congressman Pete Sessions (R-TX) says I asked him an interesting question. If you are competitive in what you do, and someone else in this competitive world does something, you respond, he says. For instance, the Soviet Union went to a flat tax, and they’ve almost doubled the amount of revenue they get, and so it’s always a competitive marketplace. All of a sudden we look up, he says, and America has the second highest corporate tax rate in the world. We should have said that in order to be more competitive, we should have cut corporate taxes. Once again it’s a level of where your competition is- that’s your marketplace. (1:14)
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Congressman Sessions says we need to grow new jobs

Congressman Pete Sessions (R-TX) says the Republican Party has said they believe they’ve got to have a tax situation that causes the investment to be in America that causes the growth of new jobs. America has always been a place where we’ve grown our economy as a result of growing new jobs, he says, and growing new jobs means the creation of the middle class and private jobs in this country that happen through small business. (0:40)
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