Dave Camp: “There are four important facts everyone should know about the Middle Class Tax Relief and Job Creation Act: First, it…”

“There are four important facts everyone should know about the Middle Class Tax Relief and Job Creation Act: First, it will strengthen our economy and help get Americans back to work by lowering the tax burden for middle class families and job providers alike; Second, it prevents massive cuts to doctors working in the Medicare program to protect America's seniors and those with disabilities-- providing more stability in the doctor payment schedule than there has been in a decade; Third, it adopts a number of the President's legislative initiatives, which represents the bipartisan cooperation Americans are demanding; and Fourth, it's fully paid for with spending cuts, not job-killing tax hikes. The CBO tables show the bill is fully offset and saves about $1 billion. And when you add in the flood insurance provisions, the savings are closer to $6 billion. So it will help families struggling in this economy; it will help the unemployed get and keep a job; it helps seniors; it's bipartisan; and it is paid for. The House should--and I expect it will--overwhelmingly pass this measure, and the Senate should quickly pass it so Americans can get what they truly want this holiday season--something that helps create jobs while helping those most in need. While this bill includes the priorities of a number of committees, many of the provisions in H.R. 3630 are within the purview of the Ways and Means Committee.…”