Rep. Todd Young (R-IN9) voted in support of H.R. 3630, The Middle Class Tax Relief & Job Creation Act, on Tuesday evening, saying the bill is a needed step to help a wide range of Americans struggling in the midst of a down economy.
"As our economy continues to stall and unemployment remains above 8%, many Hoosiers are struggling to get by," said Young. "This bill helps in a variety of ways, whether you're unemployed, working multiple jobs to make ends meet, or retired and depend on government programs like Medicare to pay for health care."
The bill contained a number of provisions aimed at lessening burdens on American families, including a fully-offset extension of the current payroll tax rates, a delay in the implementation of the Medicare Sustainable Growth Rate (the so-called "Doc Fix"), and an extension and reform of Unemployment Insurance benefits. In addition, the bill would provide new incentives for job creation by extending 100 percent business expensing, removing burdensome EPA regulations, and taking action on the bipartisan Keystone XL pipeline project.