With just 26 days left in the 112th Congress, we are headed for a major showdown in this lame duck session.
We know what the Republicans want: to keep taxes on the wealthy and large corporations unconscionably low and military spending sky-high; to gut Medicare, Medicaid and Social Security; and to make brutal cuts to important domestic programs like food stamps and unemployment insurance.
Fortunately Democrats in the House of Representatives, under the leadership of Nancy Pelosi, are fighting back. Earlier this week, House Democrats filed a discharge petition to force a vote that will finally end the Bush tax cuts for people making more than $250,000 a year.1 We need Representative Patrick Meehan to sign the discharge petition to allow a vote on the Bush tax cuts as soon as possible.
At a time when the political and media establishment in Washington, DC, are ginning up panic over the so-called "fiscal cliff," speaking up in support of this discharge petition is a major opportunity to send a loud and clear message to Congress. If they are serious about addressing the national debt and deficit, there is a simple way to do it: letting the Bush tax cuts for the wealthy permanently expire at the end of 2012.
More than a decade after they were signed into law, it is clear now that the Bush tax cuts were a huge mistake. Without the implementation of those disastrous cuts, our economy "would have been in much stronger shape to weather all the fiscal storms of the past 10 years and much better prepared for those of the next 10."2 There is absolutely no reason for Congress to repeat that mistake by extending the Bush tax cuts yet again.
This is a fight we can win if we are relentless. We need to speak up and lay down our marker today to let our elected representatives in Washington, DC, know that we expect them to hold the line against what has turned out to be one of the most disastrous economic policies enacted in our nation's history. Click below to automatically sign our petition.
Thank you for fighting to end the Bush tax cuts once and for all.
Murshed Zaheed, Deputy Political Director
CREDO Action from Working Assets
1. Faiz Shakir, "House Democrats File Discharge Petition To Force Vote On Middle Class Tax Cuts," The Gavel — House Democratic Leader's Blog, December 4, 2012.
2. Michael Linden & Michael Ettlinger, "The Bush Tax Cuts Are the Disaster that Keeps on Giving," Center for American Progress, June 7, 2011.