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Thompson votes against tax deal

December 17, 2010

I voted against the tax cut "deal" last night. It takes money from Social Security putting at risk the future of a federal program that most every American relies upon. It increases taxes on the working poor and puts $1 trillion dollars on the nation's credit card, adding to our national debt.

I thought long and hard before casting my vote because there are a number of good provisions that benefit the nation and our district, including an extension of unemployment benefits, an extension for renewable energy grants, and an extension of incentives that encourage landowners to put their land into a conservation easements, but all the good parts of this bill don't outweigh the $1 trillion addition to our national debt.