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Currently showing only: Tax and Appropriations
August 2, 2012Press Item
"What Leader Cantor has done and what the Republican party in the House of Representatives have done is once more snatched delay and defeat from the jaws of victory. The Senate passed a bill which would give 98% of Americans assurance that they would have no tax increase January 1. The Republicans have now deep-sixed that, unfortunately. They know full well that the bill they passed yesterday will not pass the Senate."
August 1, 2012Press Item
“Once again, Republicans have pursued confrontation over compromise. By rejecting a bill on which there was clear agreement that extended middle class tax cuts, Republicans snatched delay from the jaws of victory. The President supports extending middle class tax cuts, and the Senate has passed it. We all agree that we want to make sure middle class families do not see a tax increase next year. But Republicans want to hold the middle class tax cuts hostage to additional tax cuts for the wealthy.
August 1, 2012Press Item
“Designed to fail, that's what this bill is – designed to fail. And, very frankly, you made sure that it was going to fail when you passed the amendment that added the reform bill and this bill together. Designed to fail – how sad.
July 30, 2012Press Item
Middle class families are facing an increase in their taxes in January, and House Republicans are the only ones standing in the way of preventing that from happening. Last week, the Senate passed a bill stopping the tax hike on middle class families and businesses, which Democrats introduced in the House today. While Republicans are playing political games that put middle class Americans at risk, the House could take action immediately to extend rates on income up to $250,000 while asking our nation’s wealthiest to pay a fair share towards our fiscal challenges by passing the Senate bill.  It is time for Republicans to stop holding 98% of Americans hostage to providing tax breaks to the top 2% in our country.
July 26, 2012Press Item
“The Senate’s passage of a tax cut extension for middle-class families and nearly every small business in America must be a signal to House Republicans that they can no longer hold middle class tax relief hostage in return for tax breaks for the wealthiest 2%.  After yesterday’s vote in the Senate, House Republicans are now the only ones standing in the way of keeping tax rates low for earnings up to $250,000 – something that should be done without delay.
July 25, 2012Press Item
“This afternoon, the Senate took a major step toward providing certainty to middle-class families and small businesses that their taxes will not go up next year.  Its passage of a bill to extend tax cuts on income at or below $250,000 will spare 98% of families and 97% of small businesses from a tax increase.  Now it is up to the House of Representatives to act.  The Republican leadership owes it to the American people to pass this bill on the Floor immediately.   
July 24, 2012Press Item
“The tax legislation introduced by House Republicans today shows that their priority is protecting tax cuts for the wealthiest 2% and that they are willing to hold tax cuts for the middle class hostage unless they have their way.  The Republican bill is a far cry from what most Americans and small businesses are asking for:  an extension of rates on income below $250,000, which will cover 98% of families and 97% of small businesses. 
July 24, 2012Press Item
Without Congressional action, middle class Americans will see their taxes increase in January 2013.  Extending tax cuts for income up to $250,000 would provide much needed certainty to the 98% of American families and 97% of small businesses who make less than that amount.  Unfortunately, Republicans refuse to work with Democrats to pass an extension of middle class tax cuts so that they can give yet another tax break to the wealthiest 2% of Americans.
July 19, 2012Press Item
The sequestration cuts scheduled to take effect were designed as a worse-case scenario to encourage a bipartisan agreement to address our fiscal challenges.  If these cuts are carried out on January 2, 2013, they will have a devastating impact on our national security, critical domestic programs, and our economy writ large.  The best solution to sequester is a big, bold and balanced plan – an idea supported by a bipartisan range of experts and officials.
July 18, 2012Press Item
We write to request that the Ways and Means Committee schedule a mark-up of the Republicans’ proposed tax legislation before it is considered by the full House. The looming expiration of current tax policy deserves a full and fair consideration of alternative approaches, with members of both parties allowed to offer amendments. 
July 18, 2012Press Item
“The American people ought to know the full extent to which the budget sequester would be disastrous for our economy and security.  That is why this bill is so important.  The sequester was never intended to take effect – it was an irrational deterrent meant to force both sides to the table and still ought to be viewed as an unacceptable alternative to inaction on the part of Congress. 
July 17, 2012Press Item
As our nation’s economy continues to recover, we must give middle class families economic certainty and make sure their tax rates will not increase.  Democrats’ proposal would extend the middle class tax cuts so that 98% of Americans and 97% of small businesses will continue to receive the full tax cut they have now, providing them with the financial certainty they need to expand and hire.  Instead, Republicans are holding tax cuts for the majority of Americans hostage in order to ensure that taxes don’t go up for the wealthiest 2% in our country.  For the sake of hard-working families across the country, both parties should work together to extend tax cuts for middle class Americans, a policy both Democrats and Republicans support.
July 11, 2012Press Item
“Millions of people are going to lose protections they now have and insurance companies are going to be put back in charge if this were to become law. But Republicans know this isn’t going to become law – it’s not going to pass the Senate and the President’s not going to sign it. So once again we are spending time… doing things for political purposes, not for policy purposes, and not addressing the creation of jobs which is our number one priority.”
July 11, 2012Press Item
“The Republican party continues to pursue its message and not substance. This is the 31st time we've voted on repealing the health care bill and it's the 31st time that it will fail. Everybody knows that the President is committed to it – he’s not going to sign that bill if it passes; but they also know the Senate is not going to pass that bill.  It's about politics and not policy. Very frankly, if it passed and if it became law, literally millions of millions of Americans would lose benefits they already have - young people would be kicked off their family's insurance policy; pre-existing conditions would now be used by the insurance company to keep children from getting health care insurance; seniors in the ‘donut hole’ would be again placed in a position where they may not be able to afford prescription drugs they need to keep their life healthy.                                              
July 9, 2012Press Item
I commend the President for standing up for middle-class families by calling for Congress to act swiftly in extending the middle-class tax cut.  This is an area where Democrats and Republicans ought to be working together.  Instead, Republicans have held hostage the prospect of continuing a lower tax rate for middle-class families in return for tax cuts for the wealthy.
July 9, 2012Press Item
Democrats’ Make It In America plan is based on the belief that when more products are made in America, more families will be able to Make It In America. The plan is intended to create the conditions to help American businesses produce goods here, innovate here, and create jobs here; it includes many of the investments necessary for America to out-educate, out-innovate, and out-build its international competitors. President Obama has already signed ten Make It In America bills into law, many of which won bipartisan support. Business and labor leaders alike support Democrats’ Make It In America plan—because Making It In America is central to the future of our competitiveness, our jobs, and our place in the world.
July 9, 2012Press Item
As he prepared to take office, President Kennedy spoke to a nation troubled by anxiety over America’s leadership in the world and uncertainty over whether future Americans would inherit a strong and secure economy.
June 14, 2012Press Item
Today, we heard President Obama lay out a plan for America’s economic future to provide businesses with certainty, to create jobs for the middle class, and to pay down our debt. The American people understand what’s at stake this year: the progress of our economic recovery and the potential for a new generation of prosperity. The path laid out by the President is the right way to further our recovery, as demonstrated by the success of our auto industry after Democrats took action to prevent automakers from going bankrupt.