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December 09, 2010 04:17 AM UTC

Bennet to Support Obama-GOP Tax Plan

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  • by: redstateblues

( – promoted by Colorado Pols)

In a move that will no doubt cause a stir among the newly elected Senator’s supporters as well as his vocal detractors, The Ft. Collins Coloradoan’s Bob Moore reports:

Colorado Sen. Michael Bennet will support a tax-cut compromise put together by President Barack Obama and Republican congressional leaders, even though he said the package was flawed.

“The bottom line is simple and straightforward. These tax cuts will expire in less than four weeks,” Bennet said in a statement Wednesday. “If we do nothing, hundreds of thousands of Coloradans will see a tax increase and thousands more will lose their unemployment benefits. That is unacceptable.”

Despite his tough rhetoric on the campaign trail on the budget deficit, Bennet will vote for the plan that, if passed, will add $900 billion to the Federal debt. Despite that apparent flip flop, this move shouldn’t come as too much of a surprise to close observers, as Bennet had been saying during the campaign that he supported a one year temporary extension of the Bush tax cuts for all earners as a compromise.

Bennet’s vote will be cancelled out by Colorado’s senior Senator Mark Udall, who came out against the plan yesterday by saying it “makes no sense”.

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