NEW: Langevin Praises Payroll Tax Cut Extension
Friday, December 23, 2011
Congressman Jim Langevin (D-RI) released the following statement after the House passed by unanimous consent two-month legislation to maintain the payroll tax cut enacted last year, extend unemployment benefits, and ensure doctors are able to continue to receive fair reimbursement for treating individuals with Medicare.
Langevin had urged House Republicans to end their objection to a bipartisan Senate compromise that prevented taxes from going up on 160 million Americans and 600,000 Rhode Islanders on January 1. According to the Center for American Progress, Rhode Islanders will lose an average of $1,200 if the payroll tax cut is not kept in place next year.
“I am pleased that the voices of the American people have been heard and we have finally passed legislation that will prevent a tax increase on 600,000 Rhode Islanders on January 1 and stop the expiration of unemployment insurance for thousands of people in our state,” said Langevin. “Our middle class and those looking for work in this difficult economy certainly did not deserve that burden. Keeping these same working families in mind, we must now move with the utmost resolve to find common ground on ways to create jobs and boost our economy. That includes ensuring that this tax cut is extended for the full year, allowing people to keep more of their paychecks, which will increase consumer spending, leading to more jobs.”
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