Lieberman Backs Bush-Era Tax Cuts Extension

In today’s address to the Stamford Chamber of Commerce in Connecticut, Senator Joe Lieberman (I-CT) voiced his strong support for extending the Bush-era 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.”

Analysts Conclude Recession Ended In June

The New York Times reports today that a government research body has determined that the economic recession, which began in 2007, officially ended in June. The 18-month-long recession was the nation’s longest since World War II…