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Press Statement: Compromise? Good Things in the Extenders Package Come at Far Too High a Price


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Press Statement: Compromise? Good Things in the Extenders Package Come at Far Too High a Price

WASHINGTON - Following is a statement by Bob McIntyre, director of Citizens for Tax Justice, regarding the announcement of $680 billion tax cut package (split between the extenders and omnibus bills) to be considered by Congress in the next few days.

“At a time when we already face a $7 trillion budget hole over the next decade, increasing that hole by $680 billion to pay for a new package of tax breaks is an absolute disgrace. This tax-cut package would lose more revenue than was “raised” by the fiscal cliff package in 2013.

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