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Good afternoon,
It's simple. If lawmakers don't vote to extend the payroll tax cut, taxes for
160 million Americans will go up on January 1st.
President Obama just left the press briefing room at the White House where he
called on Congress to extend the tax cut, pay for it responsibly, and expand it
so middle class families get a $1,500 break next year.
He told Congress to put country before party and stop wasting time.
Every day, folks are fighting to make ends meet and businesses are working to
keep their doors open. The longer Congress waits to extend the payroll tax cut,
the more uncertainty it creates for ordinary Americans. So we've put a clock on
every
page of the White House website, counting down the days, hours, and minutes
until taxes for the middle class increase. In the briefing room, where the
President just spoke, that same clock is ticking down as well.
And to make sure you have the information you need to know exactly what this
means for your family, we've put together a calculator to show how much of your
money hangs in the balance.
This calculator illustrates for you what nearly every independent economist
has said: letting this tax cut expire will be a blow to the economy. We can’t
let that happen. Now is the time to make a real difference in the lives of the
people who sent us here.
Check it out and pass it along:
Thanks,David Plouffe Senior Advisor to the President  |
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