City of Miami, Florida

STATEMENT BY MIAMI MAYOR TOMAS REGALADO ON THE TAX CUT DEAL

I applaud President Obama for working with Congressional Republicans and Democrats to reach a deal
that extends tax cuts to all Americans while also continuing unemployment benefits. Our country is in
the midst of an economic crisis. Now is not the time to raise people's taxes ... nor is it the time to leave
thousands of unemployed Miamians - or millions of unemployed Americans - out in the cold. Both
would be disastrous to our local and national economy.
 
In the City of Miami we made some very difficult decisions this budget year that required a lot of
compromise too. We recognized that people are suffering and that raising their taxes would be wrong, so
we held the line.
 
Our economic recovery requires leaders that are willing to work with both parties and put the American
people above partisan politics. I am happy to see that the President is listening to us and doing that.
 
Sincerely,
Tomas Regalado