Washington, DC – Today U.S. Representative Heath Shuler (D-NC) released the following statement prior to the House vote on H.R. 9:
“H.R. 9 is one of the most fiscally irresponsible, flagrantly hypocritical pieces of legislation House Republican leadership has brought to the floor in the 112th Congress. At a time when House leaders claim to be serious about reducing the debt and balancing the budget, this bill adds $46 billion to our deficit and perpetuates the culture of reckless spending that put us in the fiscal situation we are in today. A more effective and fiscally responsible way to provide tax relief to small businesses would be to pass the bipartisan Simpson-Bowles Commission plan, which would lower tax rates, broaden the base, and simplify the tax code. Passing Simpson-Bowles would strengthen the economy over the long term, provide greater certainty to small businesses, and reassure markets and credit agencies—none of which is achieved by today’s misguided bill.”
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Rep. Shuler Statement on H.R. 9
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