Senate to take up Middle Class Tax Cut Act

The Senate is expected to take up S. 3412, a temporary extension of the tax cuts enacted in 2001 and 2003 under the Presidency of George W. Bush. The bill will extend for 1 year the tax cuts for households earning under $250,000 per year. The Arc supports this bill to help ensure that revenue is raised fairly to pay for critical disability services and supports. Allowing the tax cuts to expire for households making over $250,000 a year (the top 2% of earners) would generate about $1 trillion. This funding is needed to help protect important disability programs (like Medicaid, Social Security, housing, education, and employment) from deep cuts and to reduce the deficit.

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