On the recordJuly 17, 2014
I want to be clear what this debate is about and what it is not about. It is not a debate about the merits of public charities and private foundations. All of us support the good works of the charitable community and strive to provide charities and foundations with the resources they need to carry out their mission. Indeed, along with Congressman Gerlach, I am the lead sponsor of the food donation deduction. I think that highlights that this is a debate not about charities, not about foundations. It is about fiscal responsibility and fiscal priorities. Today, Republicans have selected to make permanent 10 of the approximately 60 expired tax provisions without a single dime of offset--not a single dime. After today, if this bill passes, the House will have approved $534 billion worth of tax provisions without a single offset, wiping out more than half of the total deficit reduction enacted last year during the bipartisan fiscal deal. Indeed, this bill is totally inconsistent with the Republican tax reform draft they unveiled in February. And, I might add, if you add up the 14 bills that came out of the Ways and Means Committee, entirely unoffset, it is $825 billion. I was reading, this morning, the debate which I heard yesterday on a motion to recommit. I was reading this language from Mr. Crenshaw in opposition to the motion to recommit.…





