Top Dem: Middle Class Tax Hikes Are Inevitable

Jillian Bandes
|
Posted: Jun 23, 2010 10:40 AM
House Majority Leader Steny Hoyer, yesterday:
As the House and Senate debate what to do with the expiring Bush tax cuts in the coming weeks, we need to have a serious discussion about their implications for our fiscal outlook, including whether we can afford to permanently extend them before we have a real plan for long-term deficit reduction.
Hoyer said that "now" isn't the time to "raise" taxes — not mentioning whether that included letting tax cuts expire — but also said that "raising revenue is part of the deficit solution."