McNerney Statement on H.R. 4853

Statement

Congressman Jerry McNerney (CA-11) today offered the following statement with regards to his vote in opposition to H.R. 4853. This legislation is a proposal to address a series of tax cuts that are currently set to expire at the end of this year, but Rep. McNerney believes that the bill could have been crafted to better protect middle class families and small businesses and provide more help to the economy.

"The economy has begun a fragile recovery but many families are still struggling to make ends meet. We started the holiday season on a strong note with consumer spending increasing, but unemployment continues to be high. In these conditions, any shock to the economy would be risky. We need to do everything we can to put Americans back to work and provide tax relief to middle class families. However, this legislation was not the best answer given the state of our economy. There are ongoing discussions taking place about how to reach a bipartisan solution to this issue and these talks should be given an opportunity to succeed."

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