Courtney statement on Senate passage of middle-class tax cut extension
WASHINGTON, DC – Congressman Joe Courtney today released the following statement after the United States Senate passed legislation to extend middle-class tax cuts and end Bush-era tax breaks for the wealthy:
"Senate passage of the middle-class tax cut extension is the obvious solution to avoiding the fiscal cliff we will hit on January 1. Not only does the majority of the Senate support this pragmatic approach to reducing the deficit, but so does the overwhelming majority of Americans, according to numerous public polls. Rather than subjecting the country to another avoidable, self-induced crisis, Speaker Boehner should bring up this compromise for a vote and support it for the good of the country. He can do so with the knowledge that President Obama would sign it into law immediately."
According to the Treasury Department, locking in middle-class tax cuts would benefit 1.4 million middle-class families in Connecticut.