04 December 2012

 

Letter to Congressman Mica re "Fiscal Cliff"

3 December 2012

The Honorable John Mica
2187 Rayburn House Office Building
Washington, District of Columbia 20515

Dear Representative Mica:

I write to support President Obama’s proposals regarding avoiding the austerity measures that take effect with the start of calendar year 2013.

The President’s proposal, as originally presented to congressional leadership and relayed to Congress with details by Secretary Geithner, is consistent with the fiscal priorities the President campaigned and was re-elected on: Avoid a tax-rate increase on working people; let tax rates rise on capital gains and those making over $250,000; return the threshold for estate taxes to one-million dollars from five million; tax reform to address loopholes; protect Social Security, Medicare, and Medicaid. Those measures generate $1.6 trillion in revenue and $400 billion in savings over the next ten years. The GOP alternative—proposed cuts to safety-net programs—have nowhere near that kind of deficit reduction impact; it again places the burden on people who work, who have gotten the short end of the stick over the last several decades.

You and your GOP colleagues have the opportunity to do what the American people have said through the ballot box that they want: work with the President to achieve a responsible national agenda. No more games with the debt ceiling; no more sequestration instead of responsibility; no more party of no. And you personally have the opportunity to show again your leadership within your party by getting on the right side of the American public and of history.

Sincerely,

Timothy A. Wilson




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