November 9, 2012

Washington, D.C. – Senate Majority Leader Harry Reid released the following statement on the fiscal cliff:

“On Tuesday, Americans from across the political spectrum made it clear that they want a balanced approach to tax policy that asks millionaires and billionaires to pay a little bit more. The sooner Republicans come to grips with this reality, the sooner we can forge an agreement to avoid the fiscal cliff and prevent a tax hike on middle class Americans.

“The Senate passed a bill to cut taxes for Americans making less than $250,000, and the House should pass it immediately. Our bill cuts taxes for small businesses. When Republicans talk about small businesses, they are really trying to protect millionaires like Donald Trump.

“It is time for us to put politics aside and give the American people the balanced approach they are demanding. I am optimistic that we can meet this challenge before the end of the year.”