Washington, D.C. – U.S. Rep. Allyson Schwartz delivered the following speech today on floor of the U.S. House of Representatives urging Congressional Republicans to support tax cuts for middle income families.

“Today, I rise in support of middle class Americans. As families continue to face economic challenges, the deadline looms for extending middle class tax cuts that provide relief where it’s needed most.

“But Congressional Republicans are holding these middle class tax cuts hostage in favor of tax breaks for the wealthiest one percent of Americans, burdening our children and grandchildren with unsustainable debt.

“Their argument for these millionaire tax breaks—it will trickle down to the middle class and create jobs.

“But if that were true, America would not be in the economic situation we are in now. If personal tax cuts for the very rich create jobs and they’ve had these tax cuts for ten years---where are the jobs?

“Congressional Republicans have made it quite clear that they are willing to hold up critical tax cuts for middle income families to protect multi-millionaires. 

“Republicans talk about reducing our deficit but they are perfectly happy to balloon the deficit by $700 billion to give tax breaks to the richest Americans.

“In the coming weeks, we will see if Republicans stand up for the middle class or if they stand against them.” 

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