Senate Finance Committee Chairman Max Baucus (D-Mont.) issued the following comment today on the "fiscal cliff" agreement. From Chairman Baucus:
"I would have preferred a much more comprehensive deficit reduction package. But if the choice is between action and inaction, I choose action. The bottom line is this agreement prevents a huge tax hike on middle-class families. It provides some needed certainty that helps create jobs and keep America's economy on a track for growth in the new year. But no one should be patting themselves on the back. Congress missed an opportunity for a long-term, comprehensive deficit solution. That is what we need. That is what we owe the American people. Let's work together in the new year with a common goal of boosting the economy, creating more jobs and putting America back on track."