Democrats Prepared To Let Bush Tax Cuts Expire Before Taking Bad Deal
Washington Senator Patty Murray says Democrats would let the Bush-era tax cuts expire before they’ll agree to a bad deal on taxes and spending.
“We can’t accept an unfair deal that piles on the middle class and tell them they have to support it. We have to make sure that the wealthiest Americans pay their fair share,” said Murray on ABC”s “This Week.”
Murray said one option would be to let the lower rates expire across-the-board and then return to the table next year with new talks on a tax-cut package.
“So if the Republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we’ll start over next year. And whatever we do will be a tax cut for whatever package we put together. That may be the way to get past this,” said Murray.