Statement by President Obama on the Passage of the Middle Class Tax Cut Extension

Statement by President Obama on the Passage of the Middle Class Tax Cut Extension

Posted:
Provided by www.whitehouse.gov

With the Senate’s vote, the House Republicans are now the only people left in Washington holding hostage the middle-class tax cuts for 98% of Americans and nearly every small business owner.The last thing a typical middle class family can afford is a $2,200 tax hike at the beginning of next year.It’s time for House Republicans to drop their demand for another $1 trillion giveaway to the wealthiest Americans and give our families and small businesses the financial security and certainty that they need.Our economy isn’t built from the top-down, it’s built from a strong and growing middle class, and that’s who we should be fighting for.

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