Washington, DC – Governor Martin O’Malley, Chair of the Democratic Governors Association, released the following statement today on the need to extend middle class tax cuts and provide certainty to families across the country:
“President Obama has made clear the importance of extending middle class tax cuts for 98 percent of Americans and 97 percent of small businesses – he ran on, promised, and has put forward a balanced approach that protects middle class families across the country. Now, Congress must act to prevent the typical middle class family of four from seeing its taxes rise by $2,200.
“The President has already signed $1 trillion in spending cuts, and his plan reduces the deficit in a balanced way by $4 trillion by asking the wealthy to pay their fair share and preserving the critical investments we need to continue growing our economy and fostering job growth. A number of Republicans have sent encouraging signs that they are open to a bipartisan solution to prevent these tax hikes, and leaders of both parties have pledged to work together. The President has made clear that both sides of the aisle must come together to renew middle class tax cuts so families across the country have a bit more certainty at this critical time as our economy continues to recover.”
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