Bill Nelson: “this amendment is significantly different from the one defeated yesterday by a very narrow vote. That one was for a $2.7…”

“this amendment is significantly different from the one defeated yesterday by a very narrow vote. That one was for a $2.7 billion increase, but it also had a commensurate like reduction in the deficit, so the total amount taken out of tax loopholes was $5.4 billion. This amendment has only $1.8 billion taken out of tax loopholes to give to veterans for their medical care. What easier tradeoff--we, all the time, have to make tradeoffs around here--what easier tradeoff is there than to do this on tax loopholes, for example, that allow a corporation to go out and buy a bridge, turn around and lease it back to a municipality, and because it technically owns the bridge, depreciate the value of that bridge? That is a sham kind of tax loophole, and that is the kind of stuff we can go after to fund, to stand up and support the men and women in uniform who have served this country.”