Mitch Landrieu: “Unfortunately, it is not our allies who are committing this sin, it is us right here. We are debating now, over the…”

“Unfortunately, it is not our allies who are committing this sin, it is us right here. We are debating now, over the course of the next several days, and have actually been debating for 2 years, a tax relief bill prompted by the World Trade Organization's decision that some of the things in our U.S. Tax Code were contrary to the free trade principles that most of us--not all of us but most of us--espouse. So that decision set in motion a very necessary effort to address that decision by changing some things in our Tax Code. Of course, anytime you open up the Tax Code there are many people interested in changing the words, the letters, the titles, the paragraphs, and the provisions. Sometimes a change in one word could mean a $1 billion windfall for a particular company, or millions of dollars of windfall for particular entities.”