Sen Schumer Backed Boehner's Fiscal Cliff 'Plan B' Two Years Ago

Sen Schumer Backed Boehner's Fiscal Cliff 'Plan B' Two Years Ago

SEN. CHUCK SCHUMER (D-NY): “Well, I think there is a compromise in the making. Democrats had originally called for tax cuts for the people below 250,000 (dollars), Republicans for everybody. What if we moved it up to a million dollars? Everyone below a million dollars will get a tax cut, but the millionaires and billionaires won’t. … we have a big deficit problem. We have a great jobs problem. Better to put the money into deficit reduction, creating jobs than give it to the millionaires and billionaires. I think that’s a good compromise.” (CBS’ “Face The Nation,” 11/14/10)

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