What we are arguing about, what the debate is about is we want to extend unemployment insurance. We want to make sure the State and local tax deductions continue. We want to make sure tuition deduction and the various disaster relief credits and the research and development tax credits all stay in place. But we want to make sure it is done without adding to a Federal debt that we believe is out of control.
Editor's note · Context
The speaker addresses the need to extend unemployment insurance and various tax deductions without increasing federal debt.
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