On the recordSeptember 20, 2011
Americans have sent a message to Congress that no issue is more important to them than jobs. But for Republicans, job creation is less important than slashing spending on initiatives that create jobs and the Social Security and Medicare benefits seniors have earned. Democrats believe we can reduce the deficit without abandoning job creation. We can make smart, strategic cuts that will not further slow down our struggling economy, while protecting and advancing initiatives that create jobs. That is why President Obama has released detailed proposals to create 2 million jobs now while reducing the deficit by more than $4 trillion over the next decade. But many Republicans have criticized both proposals even before looking at their substance. It seems they are more concerned with protecting millionaires, billionaires, hedge fund managers, and private jet owners than fighting for the middle class. They claim it is class warfare to ask the wealthiest 400 Americans who made an average, these 400, of $271 million each to pay the same tax rate as librarians, police officers, air traffic controllers, and others--secretaries, as Mr. Buffett talked about. The truth is, Republicans are just defending the economic policies that besieged the middle class for years. It is class warfare to ask middle-class Americans to get by on less while those same 400 Americans are paying less than 18 percent in their taxes, lower than the secretaries and janitors who work for them.…





