Bill Posey Praises Tax Bill, Dumps on 'Pork-Laden' Spending Bill

U.S. Rep. Bill Posey, R-Rockledge, applauded the passage of the compromise bill that extended the Bush-era tax cuts for all income levels for two years, lowered the estate tax, extended unemployment benefits for 13 months and cut payroll taxes for workers for one year. He also criticized the $1.1 trillion omnibus appropriations bill that was slated to come up for a vote in the Senate on Thursday but was pulled at the last minute.

"This two-year extension will allow Congress more time to craft legislation providing for longer-term economic growth. While I'm pleased to see the current lower tax rates extended, congressional leaders should not have waited until the eleventh hour to address this issue," Posey said.

"The omnibus spending bill is completely irresponsible and is the type of high jinks that Americans are fed up with. Hopefully, the United States Senate got the message," he added.