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Why I Support the Agreement on Tax Cuts & Unemployment Insurance

Los Angeles Mayor Antonio Villaraigosa comes out in support of the tax cut and unemployment insurance compromise.

Last week, President Obama reached an agreement with Republican leadership on a bipartisan tax cut that will offer relief to our middle-class families and extend unemployment benefits for millions of struggling Americans.

After the President announced the agreement on tax cuts and the extension of unemployment insurance, I immediately voiced my support for it because it is a pragmatic deal that benefits hundreds of thousands of unemployed Angelenos.

I know that this bill is not perfect, but it was the right thing to do. In making this agreement, the President secured a tax cut for tens of millions of American households and 13 more months of unemployment insurance for those who are struggling to find work. Our country needs leaders like President Obama; leaders who are willing to transcend party lines and make the hard decisions that are in the best interest of the most Americans. 

I commend the US Senate for acting and urge the House of Representatives to support this bill, support the middle class, and support the economic vitality of our country.

Antonio Villaraigosa is Mayor of Los Angeles