It has been a little frustrating for this Member, and I suspect others over the past day or so, as we have dealt with what arguably would be the most significant piece of legislation we are likely to deal with for the next decade. And that legislation is the tax bill that is before us. So I wanted to take a few minutes to review the bidding, if I could, over what has happened over the last couple of days. I'd like to review where we are and why there are so many of us who have expressed our concerns about the direction of this legislation, its substance, and its priorities. It is not that those of us here object to a tax cut. In fact, the overwhelming majority of Democrats and Republicans support a tax cut. That is not the issue. The issue is the makeup of this tax cut. The issue is the fairness of it, its distribution, and its size. And one of the most significant issues is the inability to predict with any certainty what economic conditions will look like 5 years from now, 3 years from now, let alone 10 years from now, where much of this bill is backloaded and when the effects of it will be felt the most.
On the recordMay 22, 2001
Source
govinfo.govEditor's note · Context
Discussing concerns about the tax bill during Senate floor debate.
Share
More from Chris Dodd
Dec 17, 2010
with some reluctance, I rise to talk about this issue. Having given what I thought was my last set of remarks on the floor a week or so ago, I thought I would let it lie there rather than come over. But this is such an important matter. In…
Dec 21, 2010
on the occasion of the Municipal Securities Rulemaking Board's, MSRB, implementation of congressionally mandated registration of municipal advisers, I would like to briefly speak on this important development. Congress in the Dodd-Frank…
Nov 30, 2010
In places where things really work, it's because there's intense coordination going on between schools, church programs, after-school programs, local business.





