Mike Thompson: “I thank the gentleman for the passion he brings to this issue. I know how much work he has put into it. I want to add a…”

“I thank the gentleman for the passion he brings to this issue. I know how much work he has put into it. I want to add a couple of things on the SALT topic. One, as I think the gentleman remembers, when this was happening, my subcommittee held hearings on SALT. We brought witnesses in from a number of different States, not all blue States. Blue States are the ones that are generally recognized as being most harmed by this terrible tax policy that the Republicans put on us. What we saw in those hearings were red States are quickly catching up. This is catching red State taxpayers as well, and it is hurting them just like it is hurting taxpayers in blue States. I want to mention that the gentleman talked about our Republican colleagues who are talking a good game about how they won't vote for this, that, and the other thing unless SALT is taken care of. Well, SALT goes back to what it used to be if we don't do anything, so that is where we could end up if this foolish tax bill that is being pushed on the American people right now were to go away. We get our SALT deduction back. I certainly hope that the colleagues that the gentleman mentioned are going to hold to their word and work with us to see if we can fix that. The gentleman is spot on regarding donor States like his State and my State. We give more money to the Federal Government than we get back.…”