I rise this evening to once again address the fiscal cliff. Clearly, the time to debate has come and gone. The simple fact is we need to act and we need to act now. Earlier today, we heard from the President, and what I heard from the President is that he feels we have the framework for an agreement on taxes. Also, the Senate minority leader has indicated, after his negotiations with the Vice President, that he believes we have the basic agreement on a tax proposal to avoid the fiscal cliff. So let's take that step. Let's address the tax piece. Let's get it done. Granted, the tax proposal is not the big agreement that will fully address our debt and deficit--an agreement we hope to be able to put together, an agreement I support and one that includes tax reform, bipartisan entitlement reform, and finding savings in the Federal budget. Clearly, these items all need to be addressed, and they need to be addressed on the order of $4 trillion to get our deficit and our debt under control. That is the type of deal I favor, and it is the kind of deal we have to get to. But if we can't do it all at once, let's do it in pieces. As the old saying goes, even the longest journey begins with a single step. If the first step is this tax deal, let's get going. To break the logjam, let's start with this piece--a tax deal that will ensure taxes are not increased for middle-class Americans. That is something we can and we must do. It does involve compromise.…
On the recordDecember 31, 2012
Source
govinfo.govShare
More from John Hoeven
Jul 24, 2026
At the same time, we need responsible forest management, including hazardous fuels reduction, timber harvesting, grazing and other forest restoration practices that help reduce the severity and frequency of catastrophic wildfires.
Jul 16, 2026
“We also discussed our shared economic interests, in addition to our strategic partnership, and met with industry leaders to help advance mutually beneficial trade opportunities.”
Jul 2, 2026
We appreciate President Trump for joining North Dakotans in this celebration.
Jul 22, 2026
Given the challenges facing farm country, we worked very hard to restore this prevented plant buy-up option to provide our producers with an additional layer of protection when disaster prevents them from planting their fields.





