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For Immediate Release: For More Information:
September 21, 2010 Bob Cohen, Citizen Action of New York518.265.6183, bcohen@citizenactionny.orgRon Deutsch, New Yorkers for Fiscal Fairness518.469.6769, mkd67@aol.com
COMMUNITY GROUPS SAY CONTINUING TAX CUTS FORWEALTHIEST 2% MEANS MORE PAIN FOR AVERAGE NEW YORKERS
New Analysis Finds $6 Billion Cut to New York if Bush Tax Cuts for Wealthy ContinueBroad Range of Programs New Yorkers Depend On Would Be Harmed 
Albany, NY
 
 –
Organizations representing workers, children, health care consumers, seniors and low andmoderate income New Yorkers spoke out today in an Albany press conference against any extension of Bush-era tax cuts for the wealthiest Americans, saying that continuing the cuts will raise the federal deficit and makethe federal government unable to fund the state and local services that average New Yorkers depend on. TheNew York organizations released an analysis by the Fiscal Policy Institute finding that a proposal by HouseMinority Leader John Boehner (R-Oh) to extend all of the Bush tax cuts and to cut $101 billion in funding fornon-security discretionary programs would hit New York where it hurts - to the tune of $6 billion.“More tax cuts for the wealthy will mean pain for working families in New York and other states,” said KarenScharff, Citizen Action of New York Executive Director. “We shouldn’t cut health care, education, job creationand basic services in our neighborhoods to provide additional benefits to the wealthiest Americans who don’tneed the money and won’t spend the tax cuts they receive in our communities. We need to restore basicfairness to our federal tax policies by ending the Bush tax cuts for the wealthy.”Congress is now considering tax cuts passed in 2001 and 2003 under President Bush and the then-Republicancontrolled Congress that cut taxes for the wealthy and middle class; these tax provisions expire at the end of the year. The groups at today’s press conference support the proposal by President Obama to extend only theexpiring tax cuts for working Americans and the middle-class. In contrast, the plan advanced by HouseMinority Leader Boehner would continue all of the Bush-era tax cuts for two years, including income tax cutson income of $200,000 and above for individuals and $250,000 and above for couples.The Fiscal Policy Institute (FPI) analysis builds on a September 15
th
analysis by the national Center on Budgetand Policy Priorities finding that the Boehner proposal would cut FY 2011 domestic (non-security) discretionaryprograms by 21.7% ($101 billion) nationally from the levels President Obama has proposed. (The Obamaproposal represents a virtual freeze on domestic discretionary spending.) The Boehner plan would result inthe greatest cuts to domestic spending in recent years. FPI finds New York’s share of this cut would be roughly$6 billion, including cuts of $101.8 billion for Women, Infants and Children (WIC), $269.4 for Title I Education--more--
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