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Rep. Grimm Votes to Permanently Extend Middle Class Tax Cuts & Avert the Fiscal Cliff
WASHINGTON, DC – Rep. Michael G. Grimm (R-Staten Island/Brooklyn) issued the following statement on his vote to avert the Fiscal Cliff and permanently extend middle class tax cuts:
“Tonight’s vote was necessary to prevent a tax hike on the middle class, and I commend Speaker Boehner for his leadership in working with House republicans as Congress moved forward with this difficult vote. Making tax cuts permanent for 99% of Americans is a huge victory for the American people.
“I do have serious concerns that this package does not contain the necessary spending cuts to reduce our nation’s massive debt; however, with Senate Democrats refusing to take up any amended bill, the debate could drag on indefinitely – imposing a tax-hike on America’s middle class, pushing us over the ‘milk cliff’ and delaying the passage of other key provisions like the doc-fix and unemployment insurance. The reality is that we are out of time, and it would be irresponsible to continue to play politics with the lives of the American people or put our financial markets at risk by failing to act.
“This is not the compromise I would have chosen – nor one that I intended to support - but after taking a closer read, the benefits do outweigh the costs as we move to protect the hard-working people of Staten Island and Brooklyn from a massive tax hike and further blow to their budgets.
“As we begin the next Congress, I promise to continue the fight for spending cuts and responsible fiscal policies that put an end to our nation’s spending addiction and get our economy back on track.”