Mike Levin: “I will support the Hollings amendment to strike the tax cuts proposed in this legislation and devote those funds to…”

“I will support the Hollings amendment to strike the tax cuts proposed in this legislation and devote those funds to reduction of the national debt. I supported and would prefer the Democratic proposal to eliminate the marriage penalty in the Tax Code. I voted for the Democratic plan and had it passed would not have supported the Hollings amendment. However, since the Democratic alternative to the pending bill was defeated yesterday by a 46-50 vote, and since the Republican bill would cost a wasteful $40 billion a year, reflecting the wrong priorities, I will support the Hollings amendment to better use those funds to pay down the national debt.”