John Garamendi: “I thank Mr. Suozzi for his remarks. I appreciate him bringing to my attention the SALT--the State and local tax. What…”

“I thank Mr. Suozzi for his remarks. I appreciate him bringing to my attention the SALT--the State and local tax. What basically happens is the Republicans are putting salt on the wound and causing an enormous amount of pain for Americans--certainly in California, another high-cost State; Illinois; New Jersey; and Massachusetts. This is a problem for about 50 percent of the population of this Nation that is going to see enormous things. In my own State, there are 120,000--not 250,000, as in the gentleman's State, but 120,000--who are looking at somewhere over a $12,000 loss deduction.”