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Congressman Jim Matheson urges caution on federal tax cuts, stresses education and energy action
Summary
Rep. Jim Matheson, speaking to the Utah Senate, said a federal tax cut is likely this year but urged lawmakers to 'see the budget' and weigh long-term obligations including retirement of baby boomers; he also pressed for fuller funding for special education and a balanced energy policy.
Congressman Jim Matheson (Second Congressional District) told the Utah Senate on Feb. 12 that a federal tax cut is likely but should be approached cautiously. “There will be a tax cut enacted in Washington this year,” Matheson said, adding that lawmakers should be upfront about the uncertainty of 10‑year surplus projections and should “show me the budget” before committing to large cuts.
Matheson outlined four principles for approaching tax policy: acknowledge uncertainty in long-range…
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