Doris Matsui: “Mr. Speaker, these tax breaks would provide for foreigners who place bets outside the United States on horse races a tax…”

“Mr. Speaker, these tax breaks would provide for foreigners who place bets outside the United States on horse races a tax break. It would provide special tax breaks for the blend of diesel fuel and water. It will provide a special tax break for manufacturers of fishing tackle boxes. In all, $300 million worth of tax breaks like these would have been provided. A wide variety of these tax breaks would be given to these different companies, many of whom have contributed to the colleagues who in fact have offered them. I think this is tragic. We have a situation where our young men and women are put in harm's way. We want to give them some relief so that at least they can have some peace of mind when it comes to selling their house. And many will have to sell their homes. That is one of the reasons we gave this tax break, mainly because their income is going to go down, and many have families back home. As a result of that, we are slowing this process down now. So I would just hope they would bring the bill back, stripping off these special tax provisions.”