Last week we learned that failure to prevent the ‘fiscal cliff’ could cost millions of America jobs. So why are some politicians advocating for just that?
Here they are in their own words:
"Let's just go over the fiscal cliff. Everybody's going to bite the bullet. The Republicans are going to hate the taxes and the Democrats are going to hate some of the cuts, but it's going to have to happen." – Howard Dean, DNC Chairman, MSNBC’s Squawk Box, 7/23/12
“If we can’t get a good deal, a balanced deal that calls on the wealthy to pay their fair share, then I will absolutely continue this debate into 2013. And I think my party, and the American people, will support that.” – Sen. Patty Murray (D-WA), Speech to the Brookings Institute, 7/16/12
Yesterday, the Senate voted on how to proceed on extending the current tax 2001 and 2003 rates, also known as the Bush-era tax rates.
The Senate approved the Democratic plan to allow taxes to raise on those making $250,000 or more. The Senate did not approve the Republican plan of allowing an extention of all the Bush-era tax cuts.
Jeopardizing millions of jobs and economic ruin for political gain isn’t just bad politics, it’s reckless. Send a message to your members of Congress and urge them to do what’s necessary to keep our economy from flying off of the fiscal cliff.
It’s time to put the financial security of our country and generations to come ahead of career politicians.