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Today, Congressman Henry Cuellar (TX-28), announced that the House successfully passed the Middle Class Tax Relief Act of 2010, which permanently extended income tax cuts for all income up to $250,000 a year. The bill now goes on to a vote in the Senate. A typical middle-class American family will save approximately $1,000 per year and the wealthiest 3% of Americans would actually… Read more »

Congressman Henry Cuellar (TX-28) today released the following statement in response to a Commerce Department report released Friday that shows the U.S. economy grew swiftly in the first quarter of 2010, calling it a good sign as the nation continues on a path of economic recovery. According to the report, the nation’s gross domestic product (GDP) grew at a rate of 3.2 percent between January and March. Consumer spending makes up approximately 70 percent of the nation’s GDP. Read more »

Congressman Henry Cuellar (TX-28) today helped pass a jobs package in the House that includes $13 billion worth of tax breaks for businesses to hire unemployed workers, plus a payroll tax holiday and increased tax write-offs for the nation’s small businesses. The package aims to help stabilize America’s small businesses while creating tax incentives to hire new workers. Read more »

Congressman Henry Cuellar (TX-28) today released the following op-ed to local media on the state of the nation's deficit and how restoring spending rules in Congress can immediately reduce federal spending: PAYGOing Our Way Out of Debt By Congressman Henry Cuellar (TX-28) When you’ve dug yourself a hole, the best way to get out is to stop digging. I believe it works the same… Read more »

Congressman Henry Cuellar (TX-28) today helped pass statutory Pay-As-You-Go legislation to reestablish spending rules for Congress to rein-in federal spending, draw down the nation’s debt and restore the fiscal discipline of the 1990s when deficits were turned into record-setting surpluses. PAYGO rules last expired in the House in late 2002. Read more »

Congressman Henry Cuellar (TX-28) this week helped pass H.R. 4462, legislation that would allow individuals who make charitable contributions to victims of the Haiti earthquake to claim an itemized deduction on their 2009 tax return this April. The bipartisan legislation passed the House of Representatives unanimously on Wednesday, and President Obama is expected to sign the measure into law shortly. Read more »

Congressman Henry Cuellar (TX-28) today voted for the Tax Extenders Act of 2009, a bi-partisan bill to extend $31 billion worth of federal income tax deductions scheduled to expire at the end of this year. The tax breaks would provide relief for millions of Americans by extending deductions for rising property taxes, small businesses, state and local taxes and various tuition-related expenses. Read more »

Congressman Henry Cuellar (TX-28) today voted for H.R. 4154, the Permanent Estate Tax Relief Act, tax cutting legislation to provide relief to American families, farmers and small businesses by extending current estate tax exemptions for inheritances that would otherwise face tax hikes in 2011. Read more »

Congressman Henry Cuellar today voted in support of the American Recovery and Reinvestment Act of 2009, which will put 269,000 Texans to work and deliver tens of billions of dollars in tax cuts and infrastructure investments to jumpstart the Texas economy. Read more »