Friday, December 07, 2012

The Democrats should consider attaching a Hurricane Sandy recovery bill to the Middle Class Tax Cuts.

...Walz, a Democrat who was elected to his fourth term in November, (click here) waded into the forefront of the debate over the expiring tax cuts, which are separate from the debated tax cuts for top earners, by filing a discharge petition Tuesday in the U.S. House of Representatives. The petition allows the bill specifically dealing with the middle class tax cuts to be forced on the floor for a vote if it garners 218 supporting votes. The middle class tax cut includes tax breaks on the first $250,00 people earn and several additional items like child care tax credits and college affordability programs. If allowed to expire, taxes could increase on middle class families by up to $2,000....