December 20, 2012                                                                   

Contact: Josh Britton

Phone: (202) 225-5037

E-mail: Josh.Britton@mail.house.gov

Rokita: House Missed Great Opportunity to Reform Tax Code

(Washington, D.C.) – U.S. Rep. Todd Rokita issued the following statement on this evening’s tax reform bill:

“We owe it to Hoosier farmers, businesses and working families to provide certainty by permanently stopping a hike in the death tax and permanently extending current tax rates and other provisions. By failing to act, the House has missed a great opportunity to grow our economy by reforming the tax code.

“But let’s be clear: tax reform alone won’t come close to solving our debt crisis – only cutting spending and reforming the drivers of our debt will. This entire debate has missed the point about the true fiscal cliff we face: the $100 trillion in entitlement spending coming down the pike for our children. Until both sides in Washington understand this, we will face an ever-worsening fiscal crisis,” said Rokita.

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