Statement by Congresswoman Betty McCollum on Extending the Middle Class Tax Cuts
July 9, 2012
For Immediate Release: July 9, 2012
Contact: Maria Reppas, (202) 225-6631 / (202) 527-0149 maria.reppas@mail.house.gov
Washington, DC – The middle class tax cuts for families earning less than $250,000 per year should be extended for an additional year as the economy continues to gain strength. But it is fundamentally irresponsible to continue borrowing billions from China to give additional tax cuts for upper income earners. The Bush tax cuts for the wealthiest Americans should expire at the end of this year.
Congresswoman Betty McCollum serves on the House Appropriations and Budget Committees.
####
Issues:Economy & Jobs