CFA Urges NO Vote on "American Workers, State, And Business Relief Act"

Today, the Senate is expected to vote on cloture on the Baucus substitute to the tax extenders bill.  The substitute has been turned into a hodgepodge of tax and misguided spending provisions.

We urge opposition to the bill and will rate the vote against cloture in our annual Congressional ratings. From our vote alert:

While extending expiring tax cuts, the package also contains a multitude of spending programs as well as damaging tax increases.

 

The further extension of unemployment benefits creates a possible disincentive for individuals to find work, and continues to penalize low-tax productive states and rewards states that have saddled their taxpayers with high taxes and regulations driving up the cost of doing business.

 

Extending the current Medicare reimbursement rate fix or “doc fix” through September 30, 2010 continues the poorly veiled attempt to sneak past taxpayers and postpone having to deal with a massive healthcare-related cost that would otherwise have to be accounted for in the cost estimate for the already outrageously expensive government health bills passed by House and Senate.

 

Now is certainly not the time to clutter a bill to provide much-needed tax relief with unrelated spending provisions.

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