Earlier Wednesday, Reid objected to a similar request for a vote by McConnell on the 2001 and 2003 tax cuts proposals, which Republicans said was evidence that Democrats were not serious about passing legislation and instead were seeking to use the floor to paint Republicans as hostile to the middle class.
“My good friend has had all day to come up with a written proposal, but I gather that so far they have been unable to do so,” McConnell said in response to Reid’s vote offer. “Our proposal is drafted and filed and has been available for all to see.”
The Democrats argue that their plan to extend tax cuts for those making $250,000 a year would help to make the tax code fairer for the middle class.
But Republicans oppose the Democratic plan, which Obama earlier this week called on Congress to enact, because they believe it would raise taxes small businesses.
“We’d be happy to set up a vote on this issue just as soon as the Majority Leader produces a bill to show us what tax increases they have in mind,” McConnell said. “I want to make sure that every one understands the differences in our positions. My goal ... will be to pass a bill that protects small businesses by extending current income tax rates for one year to ensure that no one in America sees an income tax hike in January and tasking the Finance Committee to produce a bill that would enact fundamental, pro-growth tax reform.”
“Their goal will be the president’s proposal to raise taxes on nearly one million business owners in the middle of the worst economic recovery in modern times. The Senate ought to make absolutely clear which policy it supports,” McConnell said. “I look forward to the chance to do that.”