Hultgren Statement In Support Of House Bill For Payroll Tax Cut Extension, Job Creation
Washington, D.C. – U.S. Rep. Randy Hultgren (IL-14) today released the following statement in support of H.R. 3630, the Middle Class Tax Relief and Job Creation Act of 2011, scheduled to be voted on by the House of Representatives tonight.
“Tonight, the House is scheduled to vote on a bill extending the payroll tax cut for almost 160 million hard-working American families, and I look forward to supporting it,” said Hultgren. “It is also fully paid for, not with job-crushing tax hikes, but with spending cuts, including a continued salary freeze for Members of Congress.
“The bill before us will also create tens of thousands of jobs and improve America’s energy security by requiring the President to make a decision within sixty days on the Keystone XL pipeline. Unfortunately, despite bipartisan support for the pipeline, the President is bowing to pressure from his environmental base over the pipeline provision and is threatening to reject this legislation. Should he do so, he’ll have only himself to blame for higher taxes on those 160 million American families, and for failure to create 20,000 new American jobs through construction of the Keystone pipeline.
“The President should put the interests of hard-working American families above those of liberal interest groups and his own political well-being, embrace our legislation, and urge the Senate to pass it without delay.”
H.R. 3630 extends the current payroll tax cut for an additional year; extends and reforms unemployment insurance; protects Medicare recipients by preventing a 27.4 percent cut in Medicare reimbursement rate for doctors; and expands American domestic energy production by requiring the President to issue a permit for the Keystone XL pipeline within 60 days. A complete summary of the bill is available here.