On the recordMay 7, 2014
I concur with the gentleman from Massachusetts and appreciate his passion for his remarks. This process is closed. Look, we have something that shouldn't be a controversial bill, extending the R&D tax credit, helping make American companies more competitive; and it has a cost, $155 billion, so let's talk about how we pay for that cost, so we can provide the certainty that our companies need to hire more people and grow. We have an idea. I was proud to offer an amendment with Mr. Caardenas and Mr. Garcia. It had a bipartisan pay-for. It passed the Senate with more than two-thirds majority. We have a bipartisan bill, H.R. 15, in the House. We were able to use that to pay for this tax cut, over $200 billion. Not only does our proposal, immigration reform, fully pay for the R&D tax credit, but it also reduces our deficit by $50 billion, and guess what, we were denied a vote on our amendment. There weren't even any ideas from the other side about how to pay for it. If they voted it down, they voted it, but let's have a discussion. If you don't like our way of paying for it, find another. No Member of this House is even allowed to propose a way of paying for things under this rule. It is a guaranteed recipe for Republican tax-and-spend deficit policies.





