Breakthrough Web Design - 641-201-1459 - Build Your Online Presence
News & Entertainment for Mason City, Clear Lake & the North Iowa Region
Expert Web Design
for your business

CALL 641-201-1459
• Founded 2010

Grassley explains his “no” vote on fiscal cliff bill


This news story was published on January 2, 2013.
Advertise on NIT Subscribe to NIT

Senator Charles Grassley

Senator Charles Grassley

Senator Chuck Grassley issued the following comment about his vote against the year-end tax plan.

“It’d be one thing to raise taxes to reduce the deficit, but that’s not what this deal does. It’s a fiscal farce to raise taxes and hurt economic growth only to fuel more government spending with record deficits and debt. People at the grass roots want Washington to spend less, not more. Failure to deal with spending lets them down. Spending restraint ought to be more than a wishful new year’s resolution with no way to be certain it’s kept.

“I support preventing tax increases on Americans by extending the tax cuts I authored in the Senate in the last decade. After the election, Republican leaders in Congress offered revenue increases as part of a balanced deal that would also take on Washington’s spending problem. Instead, the President focused on raising taxes and missed a significant opportunity to tackle spending. Washington has a spending problem, not a taxing problem, and this deal doesn’t do anything about the spending problem.

“This legislation contains a lot of things I support in addition to preventing a tax increase, including an extension of the farm bill, preventing tens of millions of families from being subject to the Alternative Minimum Tax that was never meant for them, repeal of the CLASS Act from the 2010 health care law, and the extension of the wind-energy production tax credit that I authored in August. Nevertheless, the fiasco was a major missed opportunity to take on Washington’s spending problem. The President focused on increasing taxes and failed to provide the presidential leadership needed to put Washington on a new path for fiscal discipline.”

Leave a Reply

Your email address will not be published.

 characters available