CFA Warns Senate: Tax Extenders Package Spends Too Much

Thursday, June 17, 2010 2:01 PM

Today, the Center for Fiscal Accountability sent a vote alert to the Senate urging lawmakers to vote against the newest iteration of the "Tax Extenders" Package. Introduced as a substitute to the American Jobs and Closing Tax Loopholes Act, the bill is being marketed as a "slimmed down" version of the previous legislation. Senators should not be fooled - the bill raises taxes and shortens extensions to appear less costly, but still overspends on wasteful policy and extends imprudent programs. From our alert:

There is nothing “slimmed down” about the current package. It includes a $24 billion bailout for state governments that have failed to get their fiscal houses in order. A “scaled back” version of the original text of H.R. 4213 is nothing more than a sham to get fiscally-aware members of Congress to support a bloated and unnecessary spending package.

Taxpayers are not fooled. This bill continues to spend money we don’t have on programs we don’t need, while punting on making the tough calls that could save taxpayer money. Senators should stand up for taxpayers now and oppose the excessive spending policies in this bill.

Click here

to read the entire alert.

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