WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) today made the following statement regarding President Obama’s speech calling on Congress to immediately pass a one-year extension of the Bush tax cuts for middle class families:
“Republicans can’t hide behind their claims about small businesses when the data shows that 97 percent of taxpayers with business income earn less than $250,000 a year. They can’t hide behind their claim that they care about the middle class if they hold tax relief for middle class families hostage to tax breaks for the wealthy.
“President Obama said it well: Let’s agree to do what we agree on to help middle class families and accelerate the economic recovery. Everyone - both Republicans and Democrats - agree on extending the middle class tax cuts, so we should get it done now."
