Republicans and Democrats squabble over the extension of tax breaks for middle income families.
- Debates over taxes and spending in Washington are prevalent as both parties attempt to address The Unites States’ ballooning budget deficit.
- Democrats advocate extending tax cuts for the middle class while eliminating tax cuts for higher income Americans.
- Republicans say that it is unwise to allow upper income tax breaks to expire, insisting that it will weaken an already unstable economy.
Best Quote
“Washington Democrats are poised to allow the largest tax increase in American history to take effect next year.” – Mike Pence, Republican, Indiana
Tags: budget deficit, politics, tax break, tax cuts, taxes