Hoyer: Republicans Punt Ill-Conceived Tax Bill to December

Whip Says Unfair Tax Bill Would Only Add to Our Deficits and Debt

For Immediate Release:

November 18, 2005

Contact:Stacey Farnen Bernards
(202) 225 - 3130

WASHINGTON, DC – House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the House Republican leadership pulled its tax reconciliation bill from Floor consideration:

“The fact that Republicans have punted their ill-conceived, deficit-increasing budget tax bill to December is indicative of what poor policy it really is.  For the last five years, the Republican Party has repeatedly shown – even in the face of exploding deficits and debt – that it has an unquenchable thirst for irresponsible and unfair tax policies.  This tax bill represents more of the same, but is made worse because it comes on the heels of a $50 billion cut to important programs for seniors, students and rural communities.

“I think House Republicans clearly understood that they could not go home claiming that they had helped restore fiscal discipline when less than 24 hours later they took up a tax bill that increased our budget deficit.  But whether or not the votes on these budget bills are separated by twenty-four hours or two weeks is a distinction without a difference.  The two bills cannot be considered separately, and together, are irresponsible and unfair.

“Why the Republican Party continues to believe that its policies are working, when record deficits, sluggish wages, and the rising cost of living tells a different story, is beyond me. 

“Democrats offered a 2006 budget that reached balance in 2012 earlier this year, and we will continue to fight for a budget plan that is fiscally responsible and fair.”

###