As the so-called fiscal cliff bears down on the country, Pennsylvania Senator Bob Casey is speaking out. Pennsylvania’s senior Senator is the chairman of the Joint Economic Committee and next week he will hold a hearing to talk about how the fiscal cliff can be avoided.
The newly, re-elected Senator Bob Casey is about to find himself in the center of a heated debate. As the chairman of the Joint Economic Committee he will play a big role in negotiations over the fiscal cliff. “We have to focus on priorities like the middle class."
If nothing is done, taxes will go up significantly for every working American, which the senator does not want to see. He also says we need to cut spending, but do it in a smart way that helps our economy growing. Republicans want a solution without tax increases. The president wants the wealthiest Americans to pay more.
“If we can protect middle class families, put in place job creation strategies and avoid these across the board cuts, we’re going to be just fine by the end of the year.”
The January first deadline for the fiscal cliff was set by lawmakers during the last debt ceiling debate to force a deal on taxes and spending.
“I think there’s probably a little too much drama right now. The hour by hour and day by day coverage of who said what. I don’t think that means too much right now. This is going to take a while.”
During the senator’s hearing on December 6 some of the witnesses include the chief economist of Moody’s and other economic experts.
The newly, re-elected Senator Bob Casey is about to find himself in the center of a heated debate. As the chairman of the Joint Economic Committee he will play a big role in negotiations over the fiscal cliff. “We have to focus on priorities like the middle class."
If nothing is done, taxes will go up significantly for every working American, which the senator does not want to see. He also says we need to cut spending, but do it in a smart way that helps our economy growing. Republicans want a solution without tax increases. The president wants the wealthiest Americans to pay more.
“If we can protect middle class families, put in place job creation strategies and avoid these across the board cuts, we’re going to be just fine by the end of the year.”
The January first deadline for the fiscal cliff was set by lawmakers during the last debt ceiling debate to force a deal on taxes and spending.
“I think there’s probably a little too much drama right now. The hour by hour and day by day coverage of who said what. I don’t think that means too much right now. This is going to take a while.”
During the senator’s hearing on December 6 some of the witnesses include the chief economist of Moody’s and other economic experts.