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Sen. Carl Levin Statement on Fiscal Cliff Agreement

U.S. Sen. Carl Levin, D-MI, issues a statement about the vote Congress took to avert the so-called "Fiscal Cliff." This bill extends the tax cuts passed during George W. Bush's presidency that would have expired on Jan. 1, and delays auto

It was essential that Congress avoid the highly damaging effects of going over the fiscal cliff. Inaction would have threatened to throw us back into a recession, and that was clearly unacceptable. So while I would have preferred an agreement that better addressed our historical shortfall in revenues, passing an imperfect agreement was far better than the alternative of returning to recession.
 
But the harsh reality is that we have delayed only for two months the damaging automatic spending cuts called sequestration. As we seek in the coming months a more comprehensive approach to avoid sequestration, one that will require both prudent spending cuts and additional revenues, it is imperative that we focus on the hundreds of billions of dollars lost to tax avoidance schemes. Closing offshore tax loopholes and ending corporate tax avoidance gimmicks will help us avoid the harmful automatic cuts to important domestic and national security priorities and make the tax system fairer.

John Lang January 14, 2013 at 03:04 PM
You would have to define what you mean by "our" before I could respond to that.
Retired Army Tanker March 05, 2013 at 10:06 PM
Now that the sequestration deadline has passed, if nothing else changes, I'll be hit with a mandatory one day off work with no pay per week for 22 weeks starting sometime in April. Meanwhile, federal legislators in both chambers of Congress continue to receive at least an annual salary of $174,000.00 with no interruption in their paychecks. Article I, Section 9, of the U.S. Constitution requires that Congress pass a federal budget. Yet the U.S. Congress hasn't passed a federal budget since April 29, 2009; instead, they've opted for a Continuing Resolution year after year since then to avert a US Government shutdown. Since April 29, 2009, which the was the last time the U.S. Congress passed a federal budget, the average U.S. Congressman, senators as well as representatives, has earned roughly $522,000.00 in annual minimum salaries. Yes, that's a half-million dollars. As a DoD Civilian, I haven't done one damned thing to earn a 20% furlough-induced pay cut. And I can assure you that I have not received a half-million dollars in pay since April 29, 2009. Yet the six-figure-a-year masterminds of the federal budget universe can go to bed each night safe in the knowledge that their pay will not be negatively impacted at all. Can you sense my anger?
kidcat24 March 06, 2013 at 02:45 AM
Retired Army Tanker you could support Claire McCaskill and Bill Nelson both Democrats:Congressional Overspending Pay Accountability Act. Reduces Congress's pay by the greatest percentage of any federal worker furloughed as a result of the sequester
kidcat24 March 06, 2013 at 02:50 AM
It just amazes me that republicans have no problem advancing their lives through government then tell their constituents to hate government.
kidcat24 March 06, 2013 at 02:56 AM
Romney ran on closing loopholes, although he wouldn't say which ones. Now the party of NO says NO.

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