There is absolutely no way President Obama or Democrats will permit the Bush-era tax cuts on high incomes to be extended, a party leader declared in a speech Monday.
Read More →
Sen. Patty Murray (D-WA), the No. 4 Democrat and senior budget member, unequivocally promised her party will shoot down GOP efforts to prevent tax rates on incomes above $250,000 to rise by 3.6 percent to Clinton-era levels, even if it means letting rates go up on middle incomes.
"If Republicans won't work with us on a balanced approach, we are not going to get a deal," Murray said in Washington, D.C. at the Brookings Institution. "Because I feel very strongly that we simply cannot allow middle class families and the most vulnerable Americans to bear this burden alone."