Mike Levin: “I have been listening, as I hope everybody has, and I think the comments from the minority are the height of fiscal…”

“I have been listening, as I hope everybody has, and I think the comments from the minority are the height of fiscal irresponsibility and fiscal irrationality. Both. You simply say because it was unintended. But no, in 2002 and 2001 when you passed the tax bill, you knew that the AMT was going to take away some of the effect. You knew that. You've known all along that this was coming down the track. And essentially what you said was borrow, borrow, borrow. And now you are carrying that to a ridiculous extreme by saying don't act and pay for it by closing a loophole that gives people in our country who try to escape taxation by going overseas, don't act. That's irrational as well as irresponsible. So what we are saying to the Senate is we are giving you another chance. It has been blocked in the Senate by the Republican minority and by the President of the United States. We have to act on the AMT. You have to act at long last responsibly, and so do Senate Republicans and so does the President of the United States of America. Vote for this bill.”