Following a letter sent today by U.S. Rep. Travis Childers (MS-01) and 30 of his colleagues, House leadership has put an extension of 2001 income tax cuts for all Americans on the table. Yesterday, Childers announced his support for an extension of these cuts in order to help families and businesses continue to make a full economic recovery.
"I'm pleased that leadership is showing signs of listening to calls from myself and my colleagues to extend all 2001 income tax cuts," said Childers. "Our economy is still fragile, and extending these cuts for all Americans will give families and businesses the stability they need to make a full recovery. I will continue to monitor discussions surrounding an extension, and will keep fighting to protect our recovering economy."
Today, in a press conference that took place after Childers and his colleagues sent a letter urging leadership to extend tax cuts for all income brackets, House Speaker Nancy Pelosi changed her position by leaving the door open to such an extension. Previously, House leadership was only open to extending cuts for those falling in the middle income bracket.