Last night the U.S. House of Representatives passed legislation to make tax cuts for the middle class permanent, extend critical tax credits for working families, and avert the so-called "fiscal cliff." Rep. Debbie Wasserman Schultz (FL-20), who voted in favor of the legislation, released the following statement:
"Last night we worked together to pass a bipartisan bill that prevents middle class taxes from going up and makes sure we have a balanced approach. Now millions of families will continue to receive tax credits to help raise their children and send them to college. Companies will continue to receive tax credits for their investments, valuable research, and the clean energy jobs they create. Two million Americans who lost their job through no fault of their own will still receive unemployment benefits as long as they are actively looking for a job. The legislation also included an important provision that ensures Medicare recipients can continue to see their doctor by preventing steep provider reimbursement cuts, also known as the "Doc fix.'
"While we have a lot of work ahead of us to continue negotiations toward a balanced approach, this is a victory for America's middle class. I look forward to working with my colleagues and the President in the coming year as we work together to achieve a balanced approach that will reduce the deficit, protect the middle class, and continue to grow our economy."