Tax and Appropriations

Afternoon Roundup: "Debt Ceiling Battle Tab" Edition

A look at the morning news isn’t flattering for House Republicans. Not only did their “confrontation over compromise” approach to raising the debt limit take our nation to the brink of default and result in our nation’s first credit downgrade, but it also cost American taxpayers $1.3 billion in fiscal year 2011 alone:

CNN: Cost of Debt Ceiling Fight: $1.3 billion

Hoyer Urges Bipartisan Action to Extend Middle Class Tax Cuts

For Immediate Release:

July 20, 2012

Contact:

Katie GrantDaniel Reilly, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Anatomy of a Boehner Quote

Lately up here on Capitol Hill, the GOP has engaged in quite a bit of revisionist history on the sequester, hoping the American people will conveniently forget that 174 House Republicans (including all of the senior leadership) voted for a measure that Politico said Senate Minority Leader Mitch McConnell was “the chief Republican architect of.”

Republicans Break With Romney on Tax Returns; Still Won't Allow Vote to Extend Middle-Class Tax Cut

We’re excited to see a growing unity within Republican ranks –over the need for their presumptive nominee to release more than just two years worth of tax returns.  The calls for transparency are growing, even from House Republicans:  

Impending Sequestration: A Devastating Policy Designed to Encourage a Big, Bold and Balanced Plan

For Immediate Release:

July 19, 2012

Contact:

Katie GrantDaniel Reilly, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Afternoon Roundup: GOP "Shirk[ing] Responsibility" Edition

Not content to trash a sequester mechanism House Republicans themselves voted for, Congressional Republicans are now taking their obstruction a step further, with their ludicrous attempts to pin the pending “fiscal cliff” squarely on Democrats, even as they refuse to yield an inch in their drive to protect tax cuts for the wealthy at all costs.

One look at the news this afternoon shows who is to blame for the impending fiscal crisis, no matter the rhetorical knots Republicans are tying themselves into:

Hoyer, Pelosi, Clyburn, Levin Send Letter to Republican Leaders Calling for Markup of Republican Tax Bill

For Immediate Release:

July 18, 2012

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Defense Firm President Calls on Republicans to Put All Options On the Table

We’ve been saying it all along: Republicans should work with us on a deficit reduction plan that prevents sequestration from occurring through a balanced mix of spending cuts and revenues. And today, defense firm Pratt & Whitney President David Hess agreed, urging Republicans to put everything – including revenues – on the table.  

The Hill reports:

Hoyer Statement on Sequestration Transparency Act

For Immediate Release:

July 18, 2012

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Priorities: GOP Holding Hostage Tax Cuts for 98% of Americans to Give Nation’s Wealthiest 2% Another Tax Cut

For Immediate Release:

July 17, 2012

Office of the Democratic Whip Steny H.</p />
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