WASHINGTON - Ways and Means Ranking Member Sander Levin (D-MI) today made the following statement after President Obama’s press conference:
“Republicans are playing with fire and have a stark choice: they can adhere to rigid ideology and risk the nation’s economy or they can accept a balanced approach that includes closing tax loopholes. There is no defending their refusal to end Big Oil’s ability to use the Section 199 manufacturing deduction, to make investment fund managers pay income tax at the same rates as every other citizen, or to close loopholes that encourage companies to ship jobs overseas."
