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Middle-class tax cuts may be on chopping block, House majority leader says
WASHINGTON -- House Majority Leader Steny Hoyer tiptoed into dangerous political territory Tuesday, suggesting that to cut the government's record budget deficits dramatically, popular middle-class tax reductions set to expire at year's end could be extended only temporarily.
Hoyer, a Maryland Democrat, also suggested that future Social Security benefits may have to be trimmed to contain the national debt. Those calls from the House of Representatives' second-ranking Democrat, at a Washington budget conference, were seen as an important political step as well as a legislative trial balloon.
Read more: Middle-class tax cuts may be on chopping block, House majority leader says - Politics AP - MiamiHerald.com
WASHINGTON -- House Majority Leader Steny Hoyer tiptoed into dangerous political territory Tuesday, suggesting that to cut the government's record budget deficits dramatically, popular middle-class tax reductions set to expire at year's end could be extended only temporarily.
Hoyer, a Maryland Democrat, also suggested that future Social Security benefits may have to be trimmed to contain the national debt. Those calls from the House of Representatives' second-ranking Democrat, at a Washington budget conference, were seen as an important political step as well as a legislative trial balloon.
Read more: Middle-class tax cuts may be on chopping block, House majority leader says - Politics AP - MiamiHerald.com
