The White House
Office of the Press Secretary
For Immediate Release
December 16, 2011
The President said that Congress cannot go home without preventing a tax increase on 160 million hardworking Americans, and the deal announced tonight meets that test. This is an important step towards enacting a key provision of the President?s American Jobs Act and a significant victory for the American people and the economy, because as independent analysts have said, failing to extend this tax cut would have had a damaging effect on our recovery and job growth. The President urges Congress now to finish up their business for the American people.
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