Bennet Statement on Senate Passage of Tax Cut and Unemployment Insurance Compromise

Washington, DC – Colorado U.S. Senator Michael Bennet released the following statement following the Senate’s passage of the bipartisan tax cut and jobless relief compromise:

“While the proposal isn’t perfect, it will ensure that more than two million Coloradans don’t see their taxes go up come January and that tens of thousands of Coloradans who desperately need unemployment insurance continue to receive it.  With only two and a half weeks until the tax cuts expire, I urge members of both parties to work together to pass a final package that becomes law. 

“Although we are close to putting in place a temporary compromise on tax cuts, Washington can no longer ignore the fact that we need to move quickly to address an antiquated, burdensome tax code that doesn’t do enough to encourage innovation and job growth.  We also need to make hard choices to get our deficit under control for the sake of our country and our children.

“I have begun working with Democrats and Republicans to push the Senate to move forward on a comprehensive plan to reduce our debt and reform our tax code to help build the middle class and bring jobs back to Colorado and the rest of the country.  I welcome any member of either party who shares our commitment to join us and look forward to what we can accomplish together.”