|Braley Statement on House Passage of Yearlong Middle Class Tax Cut Extension|
|News Releases - Business, Economy & Finance|
|Written by Jeff Giertz|
|Tuesday, 21 February 2012 09:38|
Braley supports Republican bill to extend tax cut
Washington, DC – Rep. Bruce Braley (IA-01) released the following statement after voting to support a Republican-written bill to extend the middle class payroll tax cut for a full year:
“The middle class tax cut extension passed today will keep $1,000 in the pocket of the average Iowa family. Extending the tax cut for the rest of the year is a common sense step that will help strengthen the momentum of the economy.
“I’m disappointed that Speaker Boehner brought the tax cut up for a vote without finding a way to pay for it. I’ve now voted twice for bills that would extend the middle class tax cut without adding to the deficit. I wish I could have vote that way a third time.
“I’m encouraged that partisan politics didn’t stop this tax cut extension from getting done. Congress now must immediately turn its focus to working in a bipartisan way on other measures to help create jobs and grow the economy.”
Braley has consistently worked across party lines to pass a yearlong middle class tax cut extension. In December, he was one of only 10 Democrats to support a Republican bill to couple a yearlong extension of the middle class tax cut with other provisions. Later that month, Braley also supported the compromise Senate bill that extended the middle class tax cut for two months.# # #
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