Washington, DC - Ways and Means Ranking Member Dave Camp (R-MI) today issued the following statement in full support of a call by GOP Leader John Boehner (R-OH) on ABC’s “Good Morning America" show to cut government spending to 2008 levels and freeze current tax rates for the next two years - preventing the job-killing $3.8 trillion tax hike that is set to kick-in on Jan. 1, 2011.
“Leader Boehner is absolutely right - the Democrats’ $3.8 trillion tax hike is the last thing American families and employers need right now. We simply cannot raise taxes when the unemployment rate is stuck above 9 percent and families are struggling to make ends meet, but that is exactly what the Democrats are proposing. The fear of higher taxes, out-of-control spending, and onerous mandates coming out of Washington is killing job creation in this country. Employers need assurances that their costs - especially their taxes - will not increase, before they start hiring again. If Congress is serious about getting our economy back on track, we should, as Leader Boehner called for, cut spending and pass a two-year extension of current tax rates. The failure to prevent the Democrats’ tax hike will contribute to continued unacceptably high rates of unemployment."
