CFA Supports Sen. DeMint’s “American Option” Amendment

CFA Urges a Vote For Sen. DeMint’s “American Option” Amendment to the “American Recovery and Reinvestment Act of 2009”

The Center for Fiscal Accountability urges all Members of the U.S. Senate to vote “yes” on Sen. Jim DeMint’s (R-SC) “American Option” amendment to the American Recovery and Reinvestment Act of 2009.”

A series of pro-taxpayer initiatives make this plan the best alternative to the massive government spending package promoted under the guise of economic “stimulus.”

Unlike the Reid-Obama-Baucus Package, which is riddled with waste and would permanently grow the size of government leaving taxpayers to foot the bill, the “American Option” would spur economic growth for 2009 and beyond.

Pro-taxpayer provisions such as cutting the small business tax rate and the corporate tax rate and locking in the 15 percent rate for capital gains and dividends will spur job creation and will go far in making America more competitive with the rest of the world.

Consequently, the Center for Fiscal Accountability urges a “yes” vote on Sen. DeMint’s “American Option” amendment.