Democrats Continue Fight for Middle Class Tax Cuts and Deficit Reduction; Republicans Continue to Hold Middle Class Hostage to Tax Cuts for the Wealthy

Floor Speech

DEMOCRATS CONTINUE FIGHT FOR MIDDLE CLASS TAX CUTS AND DEFICIT REDUCTION; REPUBLICANS CONTINUE TO HOLD MIDDLE CLASS HOSTAGE TO TAX CUTS FOR THE WEALTHY -- (House of Representatives - September 15, 2010)

(Mr. ELLISON asked and was given permission to address the House for 1 minute.)

Mr. ELLISON. Mr. Speaker, in this time of debate around taxes and taxation, it's hard to figure out what's really true. Republicans say this; Democrats say that. Let me tell you what's actually the fact.

The fact is that the Republicans want to give the top 2 percent of the wealthiest Americans tax breaks that would add $700 billion to the deficit over the next 10 years. They're saying they're going to stop tax cuts for middle class people unless the top 2 percent get their tax cut that would add $700 billion to the deficit. Now, that's not fair given that middle class people have faced foreclosure, have faced a drop in home value, have faced unemployment, have faced so many difficult economic hurdles.

Why do they insist on giving the top 2 percent a huge tax break that they don't need, only giving the top 2 percent that tax break? Middle class people need relief. Middle class people need it now.

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