U.S. Senate Republican Leader Mitch McConnell released the following statement Friday regarding the Middle-Class Relief & Job Creation Act:
"The Middle-Class Relief & Job Creation Act is the kind of bipartisan compromise the American people are looking for. It extends temporary tax relief to millions of working Americans who continue to need it after three years of failed policies from the Obama administration, prevents further job loss by eliminating burdensome new regulations and red tape, and would help facilitate the creation of thousands of private-sector jobs through the construction of the Keystone XL pipeline. Unlike the previous proposals from Senate Democrats, this bill was designed to pass by leaving out job-killing tax hikes that have consistently faced bipartisan opposition, while using bipartisan proposals to reduce spending. It also protects Social Security and seniors' access to health care while ensuring that not a penny is added to the national debt. The President asked for an extension of the payroll tax cut and unemployment insurance and job creation. This House proposal is the only one that accomplishes all three."