I believe we must balance the federal budget, but I won't allow it to happen on the backs of middle class families. There's a simple reality here--over the last several decades the middle class has been asked to make many sacrifices. Wages have frozen, hundreds of thousands have lost jobs, and programs have been cut. And while this has happened, the rich have gotten richer and now pay the lowest rates they've paid since World War II. This is wrong--we have to work to restore fairness.
That means we must allow the Bush tax cuts on the wealthy to expire, end tax breaks for companies that send jobs overseas, and stop corporate welfare for Big Oil, insurance, and pharmaceutical companies that don't need them. These are the first steps in what must be a comprehensive approach that protects families and seniors, while restoring sanity to our budget.