Owens Statement Urging Payroll Tax Cut Compromise

Statement

By:  Bill Owens
Date: Feb. 9, 2012
Location: Washington, DC

Congressman Bill Owens (D-NY) released the following statement today after voting in favor of a Motion to Instruct conferees on H.R. 3630, the Temporary Payroll Tax Cut Continuation Act of 2011. The motion instructs conferees to file a conference report on H.R. 3630 no later than February 17, 2012

"Failure to reach a compromise by February 17th will raise taxes on middle-class Americans to the tune of about $40 per week," said Owens. "That's no small sum -- especially in a tough economy. Reaching an agreement on this legislation is also critical to ensuring doctors who care for seniors on Medicare are fairly reimbursed for their services and millions of unemployed Americans continue to receive their benefits.

"In December, partisan bickering pushed an agreement on the current extension to the last minute. New Yorkers are tired of this kind of brinksmanship, and so am I. Democrats and Republicans need to come together to do what's right for the American people."