Durbin: Extending Middle Class Payroll Tax Cut Will Help Working Families and Our Economy
[WASHINGTON, D.C.] – U.S. Senator Dick Durbin (D-IL) today spoke on the floor of the United States Senate in support of the Middle Class Tax Cut Act of 2011. The legislation will extend President Obama’s middle class tax cut —preventing a tax increase on millions of hardworking Illinoisans—and expand the cut in 2012 to put more money back in the pockets of Americans across the country and help get our economy moving in the right direction again. The Senate plans to vote on the measure later this week.
“President Obama’s payroll tax cut makes a big difference for families struggling paycheck to paycheck,” said Senator Durbin. “For the average working family in Illinois, it puts about $1,500 back in their pockets. Whatever our rationale politically, it makes no sense that we would impose a new payroll tax on millions of hardworking families struggling to keep their heads above water. That’s wrong, and it’s not fair. Before we leave to celebrate the holiday season with our families, let’s extend this payroll tax cut to help working families and help our economy.”
Previous Article Next Article