Stabenow: Dems won't balance budget on 'backs of middle class’

Lawmakers are working on a deficit-reduction plan to avoid the "fiscal cliff," which is set to take place at the beginning of next year when Bush-era tax rates expire and sequestration takes effect.

BoehnerJohn BoehnerIn House GOP, Ryan endorsement of Trump seen as inevitable House GOP faces dilemma on spending bills Overnight Finance: Puerto Rico bill clears panel | IRS chief vows to finish term | Bill would require nominees to release tax returns MORE released a $2.2 trillion deficit-reduction package Monday, but Democrats said the $800 billion in tax revenue in his plan would harm the middle class by eliminating tax deductions typically taken advantage of by working families.

“Their idea of revenue is to keep tax cuts for those making more than $250,000 a year and instead getting rid of deductions that help middle-class families,” Stabenow said. 

Stabenow said her party will not accept a plan that’s “flunks the test of balance” and will not “balance the budget on the backs of middle class families.”

“If taxes go up on middle-class families on Jan. 1, they’ll know who’s responsible,” Stabenow said. “Pass it now so the overwhelming number of families in this community have certainty.”

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