ADAM PUTNAM said "I rise to make two clarifications. One, to my friend from Massachusetts, I would clarify that the rule he seeks to repeal is commonly known as the Gephardt rule. Secondarily, I would clarify the clarification made by my friend Mr. Spratt that on page 51, lines 13 through 19 of the legislation known as the Spratt amendment, there is tax relief that is provided; the additional revenue loss is offset such as through the recovery of a portion of unpaid revenue, commonly known as the tax gap, which we referred to. So that is a portion of their amendment. Mr. McGOVERN. Mr. Speaker, will the gentleman yield?" @ PoliticalQuotes.com

On the recordMay 17, 2006

I rise to make two clarifications. One, to my friend from Massachusetts, I would clarify that the rule he seeks to repeal is commonly known as the Gephardt rule. Secondarily, I would clarify the clarification made by my friend Mr. Spratt that on page 51, lines 13 through 19 of the legislation known as the Spratt amendment, there is tax relief that is provided; the additional revenue loss is offset such as through the recovery of a portion of unpaid revenue, commonly known as the tax gap, which we referred to. So that is a portion of their amendment. Mr. McGOVERN. Mr. Speaker, will the gentleman yield?

Said by

ADAM PUTNAM

Florida

Source

govinfo.gov

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