Rooney: Extending All Tax Cuts Key to Job Creation

Washington, D.C. – With the 2001 and 2003 tax cuts set to expire at the end of this year if Congress does not act, U.S. Rep. Tom Rooney (FL-16) today urged the House of Representatives to pass legislation extending all of the tax cuts.

“If Congress doesn’t act, American families and small businesses will face the largest tax increase in history.  With our economy struggling and unemployment at 11.5 percent in Florida, we cannot afford a massive tax hike that will hurt small business and kill even more jobs,” Rooney said.

“Small businesses can’t grow or hire new workers with the threat of a $3.9 trillion tax increase looming.  Extending the 2001 and 2003 tax cuts is critical to getting our economy on track and putting Americans back to work.”

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