"We certainly could have voted on making the middle-class tax cuts and tax cuts for working families permanent had the Republicans not insisted that the only way they would support those tax breaks is if we also added $700 billion to the deficit to give tax breaks to the wealthiest 2 percent of Americans. That's what was really disturbing"
About this Quote
In her quote, Debbie Wasserman Schultz is addressing a political and financial concern concerning tax legislation in the United States. She stresses a contention between two political concerns: extending tax cuts for the middle class and working families versus providing tax breaks for the most affluent Americans.
Wasserman Schultz begins by highlighting the possibility of making tax cuts permanent for the middle class and working households. This shows a determination and capacity to legislate in favor of these groups without further hold-up. The rhetoric indicates that there is broad support and possibly even a consensus for this strategy. Tax cuts for these groups are generally aimed at supplying financial relief and promoting spending, which benefits the more comprehensive economy.
However, she then mentions a crucial obstruction: the Republicans' condition to consist of extra tax breaks for the most affluent 2 percent of Americans. This condition suggests that the Republican position, as she explains it, focuses on tax decreases for the most affluent as a non-negotiable part of any tax legislation. The figure $700 billion is discussed as the amount that would be contributed to the national deficit if these additional tax breaks for the wealthy were authorized. This presents a financial duty argument: including such a substantial total up to the deficit could have long-term economic consequences.
The word "troubling" communicates Wasserman Schultz's disapproval of the Republican stance, implying that their needs are not just fiscally irresponsible however also socially inequitable. By framing the issue by doing this, she appeals to concerns about wealth inequality and the possible unfavorable effect of increased deficits on financial stability.
In summary, Wasserman Schultz is critiquing what she sees as a prioritization of the rich over the middle class and working families, and she highlights the prospective fiscal irresponsibility of contributing to the national deficit. Her declaration is a political review of Republican fiscal policy top priorities.
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