Fiscal Cliff Update and Survey
This week, we have been working to find a long-term solution to the automatic spending cuts and significant tax increases, more commonly known as the Fiscal Cliff, which will take effect January 1, unless Congress and the President can reach a bi-partisan agreement. According to some estimates, if the Fiscal Cliff goes into effect, the average family living in Florida?s Ninth Congressional District will see their taxes increase by more than $3,600 a year.
The Federal Government has a spending problem, and Congress has to get serious about addressing our country's fiscal issues now. With the national debt over $16 trillion and looming across-the-board cuts, there is a great amount of work to be done by both sides to come together on a resolution. I continue to be optimistic that we will reach an agreement but understand we can?t tax and spend our way out of our current fiscal situation, and we need a long-term deal.
As I work with my colleagues to find a resolution, I would greatly appreciate your feedback and thoughts on how we should handle this critical issue. Please take a moment to fill out this fiscal cliff survey. I am honored to have the opportunity to represent you in Congress on this important matter.