Senator Hagan, Burr Comment On Payroll Tax Cut

1:04 PM, Dec 17, 2011   |    comments
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Washington, D.C. -- Senator's Kay Hagan and Richard Burr both commented after the Senate passed a bipartisan bill to extend the payroll tax cut for 4.7 million North Carolina workers for two months.

To see a county-by-county breakdown of how this tax cut will benefit North Carolina families, click here.

The bill also continues unemployment benefits for two months.

Both Sen. Hagan and Sen. Burr voted for the tax cut.

Hagan said of her vote, "I voted to prevent a tax increase on middle class families come January 1," said Hagan. "In North Carolina, 4.7 million workers benefit from the payroll tax cut. For a North Carolina family earning the median income, a year-long continuation of this tax cut means a savings of $1,356. At a time when every penny counts, this extra money will go a long way for hardworking families struggling to make ends meet. I remain disappointed, however, that partisan games brought Washington yet again to the eleventh hour and prevented Congress from extending this crucial tax cut for working Americans for an entire year. Over the next two months, I will continue to fight for North Carolina workers and families who would benefit from a year-long extension of this middle class tax cut.

"I work everyday to help create a better business climate for our companies to create jobs. Unfortunately, as the economy struggles to get back on track, we still have record high unemployment in our state. Now is not the time to turn our backs on families who depend on unemployment insurance as a lifeline while they get back on their feet."

Senator Burr stated, "While I remain concerned about extending the temporary payroll tax holiday, this bill contained appropriate offsets to pay for the extension, and the job creating provisions in the bill that provide for work on the Keystone Pipeline are difficult to oppose. In addition to creating jobs, the Keystone Pipeline represents a step towards greater energy security for America, which ultimately equates to national security. The bill also contained very important provisions to appropriately reimburse doctors who treat Medicare patients, which is vital for the millions of Americans who enjoy benefits under that program.

"I voted against the omnibus spending bill for one simple reason, it spends too much money. Despite being one of the primary responsibilities of Congress, it has been over two years since we have passed an actual budget. That is inexcusable, and we must pass a fiscally responsible budget that reins in federal spending and puts our country back on the path to fiscal sanity and economic recovery. The American people deserve a transparent, responsible budget, not just more of the same."

Senator Kay Hagan's Office

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