Rep. Peter Welch Circulates Letter Urging Dems To Submarine Tax Cut Deal

WASHINGTON -- Just minutes after we reported a potential tax cut deal between Republicans and the White House, the first congressional Democrat is out urging his colleagues to submarine the deal. Rep. Peter Welch (D-Vt.) circulated a letter to his colleagues urging them to oppose the deal on grounds that it is "fiscally irresponsible." Addressed to House Speaker Nancy Pelosi (D-Calif.), the letter reads as follows: We oppose acceding to Republican demands to extend the Bush tax cuts to millionaires and billionaires for two reasons.Read More... More on Bush Tax Cuts

 

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