House Democrats will put Republicans on record this week voting down an extension of the middle-income Bush tax cuts unless they tax cuts that benefit the wealthiest Americans are also extended.
On Monday, Ways and Means Committee ranking member Sander Levin (D-MI) will introduce legislation mirroring a bill Senate Democrats passed last week to extend the Bush tax cuts up to a family’s first $250,000 in income.
“We should take it up, we’re going introduce it, it should pass,” Levin told reporters on a conference call. “This issue of holding hostage middle class tax cuts for those with income over a million essentially is the first order of business in my judgment that has to be addressed and resolved. … [T]here’s a hammerlock and we need to break it, and there’s a real opportunity to do that …”
A floor vote is expected Thursday.
On the Senate floor Monday morning Majority Leader Harry Reid warned House Republicans that voting to extend all of the Bush tax cuts — including for high-income earners — would be a “waste of time,” since the Senate has preemptively voted down the same legislation. The Senate passed bill, he argued, is the only viable vehicle for preventing taxes from increasing on middle class Americans.