McCollum opposed to tax cut deal
DFL Rep. Betty McCollum says she's opposed to a deal that would extend the Bush tax cuts for top earners. President Obama and Republicans reached a deal to extend the Bush tax cuts for two more years. The deal also includes an extension of unemployment benefits.
McCollum says she's opposed to the deal because it extends the tax cuts for the top income earners and would increase the deficit by $900 billion.
"This is a deal that will continue to explode the deficit while the rich get richer and struggling middle class families get crumbs. The Republicans successfully held unemployed Americans hostage to give even more tax cuts to millionaires and billionaires. This plan is irresponsible, and I will oppose it."
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