Thursday, July 26

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



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


For Immediate Release: July 25, 2012

"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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