Tax Cuts Matter More Than Political Fortunes

House Republican Conference Chairman Mike Pence (IN) has been adamant that Congress be brought back into session as soon as possible to vote on the preservation of tax cuts for Americans. Roll Call published a piece on Pence's opinion this weekend. Read an excerpt here:

Rep. Mike Pence on Saturday called on Speaker Nancy Pelosi (D-Calif.) to bring the House back into session “immediately” to allow for an up-or-down vote on preserving all current tax cuts.

“The American people should not have to wait one more day for Congress to act to prevent one of the largest tax increases in American history from taking effect,” the Indiana Republican said in his party’s weekly radio address. “The prosperity of the American people is more important than the political fortunes of any politician or any political party.”

Pence also said families “are hurting, American businesses are struggling. In the city and on the farm, the economic policies of this administration have failed.”

But President Barack Obama used his own weekly radio address to highlight several agenda items that he said would “grow the economy and spur hiring by businesses across America.”

Obama said he supports giving tax breaks to small businesses and domestic manufacturers.

“We should reward the people who are helping us lead in the industries of the future, like clean energy,” he said. “That’s how we’ll ensure that American innovation and ingenuity are what drive the next century. That’s how we’ll put our people back to work and lead the global economy. And that’s what I’ll be fighting for in the coming months.”

The president said the nation’s tax code for years has given billions of dollars in incentives to companies that move jobs overseas.

Get the rest at Roll Call (subscription only)