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Pelosi Statement on Democratic Discharge Petition: Extend the Middle Class Tax Cuts Now

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today after Congressman Tim Walz filed a discharge petition to bring the Senate-passed middle class tax cuts to the floor for a vote:

“Americans have been clear: we must extend the middle class tax cuts now.  But House Republicans’ only answer to the American people has been: ‘no.’  Instead, Republicans are holding tax cuts for the middle class and small businesses hostage to more tax breaks for the wealthiest Americans.

“Our economy and our families cannot wait any longer for action and cannot afford a Republican tax increase on the middle class.  That’s why Democrats, under the leadership of Congressman Tim Walz, have filed a discharge petition to bring the middle class tax cuts to the floor for a vote.  

“There’s no time to waste.  The Senate has already passed this legislation; House Democrats are prepared to support it; President Obama is ready to sign it into law.  We must provide certainty to the middle class by enacting this bill immediately as we work together toward a bold, balanced, and fair agreement to avert the fiscal cliff.  The clock is ticking, and a stalemate is a luxury we cannot afford.”