Monday, December 19, 2011
"The bipartisan compromise passed in the Senate yesterday received 89 votes, including 39 Republican votes, and Speaker Boehner himself just yesterday called it a “good deal” and a “victory.” The near 90 percent approval by the Senate reflected the view by the overwhelming number of Senate Republicans – as well as Democrats – that the best way to achieve the President’s goal of ensuring that taxes were not increased on 160 million Americans as we enter the New Year was to support this bipartisan compromise. If House Republicans refuse to pass this bipartisan bill to extend the payroll tax cut, there will be a significant tax increase on 160 million hardworking Americans in 13 days that would damage the economy and job growth. After months of opposition, we are glad that Republicans were finally showing a willingness to not raise taxes on middle class families. As the President said yesterday, it is inexcusable to do anything less than extend this tax cut for the entire year, and Congress must work on a one year deal. But they should pass the two month extension now to avoid a devastating tax hike from hitting the middle class in just 13 days. It’s time House Republicans stop playing politics and get the job done for the American people."
Posted by Oswego Democrat at 1:00 AM