Cuomo: “I commend President Obama for his leadership in forging a compromise that will help stabilize our fragile economy…No one will agree with every provision in this deal, but that is the nature of compromise and bipartisanship.”
Bennet: “At the end of the day, while I will look for opportunities to make improvements to this framework, I intend to support the compromise. I am not convinced that delaying this legislation into next year will produce a better bill. In fact, it would likely produce something far worse.”
Statement from Governor Martin O’Malley on the Compromise between the White House and Congressional Leaders
As Governor of Maryland, I support President Obama in the difficult compromise reached for the sake of millions of unemployed Americans.
The President understandably felt a responsibility to protect millions of families who were about to have their life-line cut-off by House Republicans in their blind zeal to secure ever deeper and longer lasting tax cuts for millionaires.
While this deal is not perfect, the President has clearly demonstrated his commitment to millions of families who continue to be hard-hit by the on-going effects of the Bush recession during this holiday season.
It is a sad day for the once proud Party of Lincoln when the Republican Leaders in Congress would put the short-term financial interests of millionaires ahead of the immediate needs of unemployed American families, and the long-term fiscal health of our nation.
Bennet Statement on President’s Tax Cut Proposal
“I have been a strong supporter of a long-term extension of middle class tax cuts; estate tax reform that protects our small businesses, farmers and ranchers; and an extension of unemployment insurance for Coloradans who are struggling to find their way in this difficult economy.
“Over the last year, Coloradans have shared their frustration with me about Washington’s complete failure to come to an agreement and by both parties’ lack of willingness to even discuss a compromise. I couldn’t agree more.
“The bottom line is simple and straightforward. These tax cuts will expire in less than four weeks. If we do nothing, hundreds of thousands of Coloradans will see a tax increase and thousands more will lose their unemployment benefits.
“That is unacceptable.
“If I were writing this bill, it would look different. It would propose a one year-extension of all tax cuts and a longer-term extension for the middle class. I would raise the exemption level for the estate tax but keep rates at the 2009 level.
“At the end of the day, while I will look for opportunities to make improvements to this framework, I intend to support the compromise. I am not convinced that delaying this legislation into next year will produce a better bill. In fact, it would likely produce something far worse.
“Whenever I cast a vote, I do so with an eye towards our long-term debt. That is why I have supported multiple measures to get spending under control. In this case, it would be far worse to further weaken a fragile economic recovery by letting the middle class tax cuts expire and throwing thousands of Coloradans off the unemployment benefits roll.
“Moving forward, we desperately need a more constructive and honest conversation about how to turn our economy around. I will work with anyone – Democrat or Republican – to develop a tax code that encourages innovation, builds the middle class and brings jobs back to Colorado and the rest of the country.”
Statement of New York Governor-Elect Andrew Cuomo on the Federal Tax Cut Compromise:
“I commend President Obama for his leadership in forging a compromise that will help stabilize our fragile economy. Failing to act now would result in higher taxes for most Americans come January 1st. That would be an unacceptable result given the precarious state of our economy and the danger of future job losses. Moreover, the compromise also contains an extension of unemployment benefits that will provide much needed assistance to those who have been hit hardest by the recession and a significant tax break for middle class families in New York and across the country. No one will agree with every provision in this deal, but that is the nature of compromise and bipartisanship.”
Senator Webb: Tax Agreement “the Ultimate Stimulus Plan” that will Reinvigorate Economy,
Put Americans Back to Work
“I commend President Obama for his leadership in forging this agreement. The framework agreement for tax cuts and extended unemployment insurance shows great promise in reinvigorating our economy and putting people back to work. The proposal is the ultimate stimulus plan. It will put more money directly into the pockets of people and small businesses, allowing that money to be quickly recycled as the economy expands. It will provide greater certainty for business and investment planning and extend several programs that effectively serve working Americans and lower-income families. Failing to act now will result in higher taxes for almost all Americans starting on January 1st – an unacceptable result for an economy that remains fragile and in danger of further job losses.
“No one will agree with every provision in the proposed agreement. The simple reality is that the American people, and particularly those who are out of work, cannot afford to wait while politics-as-usual blocks an effective, bipartisan plan to stimulate the economy and restore growth.”
GARY PETERS STATEMENT
“The tax-cut deal announced yesterday by the President is consistent with what I have said a final tax package should do, which is protect middle class families from a tax increase, extend unemployment benefits to those who are out of work, and provide incentives for businesses to create jobs. It also is a hopeful sign that it will be possible for Democrats and Republicans to work together to find bipartisan solutions.”
Office of the Mayor
City of Los Angeles
ANTONIO R. VILLARAIGOSA
December 7, 2010
MAYOR VILLARAIGOSA’S STATEMENT ON PRESIDENT OBAMA’S BIPARTISAN TAX CUTS PACKAGE
LOS ANGELES – Mayor Villaraigasa issued the following statement in response to the White House’s bipartisan tax cuts package that will extend unemployment insurance for unemployed Americans.
“I would like to commend President Obama for his unwavering commitment to working families and those hardest hit by the recession and his refusal to sign onto any tax cut agreement that didn’t extend employment insurance or give additional tax cuts to small businesses.
The President’s decision to build this bi-partisan compromise will give relief for another thirteen months to the hundreds of thousands of unemployed Angelenos and will be another crucial step forward on our City’s road to economic recovery.”