LIEBERMAN CAUTIONS THAT RAISING TAXES COULD CAUSE DOUBLE-DIP RECESSION

WASHINGTON, DC – In an address to the Stamford Chamber of Commerce in Connecticut, Senator Joe Lieberman (I-CT) today underscored his strong support for extending the so-called Bush tax cuts and expressed hope that a bipartisan coalition can form to break the political gridlock.

In his remarks, Senator Lieberman said:

“The surest way for Congress to help bring about a double-dip recession is to allow taxes to be raised on anyone during this uncertain economy we are struggling through.”

“I think there is a path forward on extending the tax cuts that can also cut through the partisan gridlock and heated rhetoric that has been paralyzing Washington and keeping us from taking the actions that we need to get our country back on the right track.  I have had promising discussions over the past several days with colleagues from both sides of the aisle who see a bipartisan path forward on a permanent extension of the middle-class tax cuts and a temporary extension of the tax cuts for the highest income brackets to make sure that nobody’s taxes go up while the economy is still struggling to recover.”

The full text of his remarks, as prepared for delivery, is available here.

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