I am deeply concerned with that anomaly in the tax code known as the ``marriage penalty.'' However, I opposed the Hutchison amendment No. 659 because it would accelerate the marriage penalty relief in this bill at the expense of those education provisions that would benefit students who borrow money to attend college. In particular, the Hutchison amendment would eliminate the provision that would allow student loan interest to be deductible 60 months after graduation. While I support marriage penalty relief, I do not believe that it should be provided at the expense of these education tax benefits.
Cord Byrd: “I am deeply concerned with that anomaly in the tax code known as the ``marriage penalty.'' However, I opposed the…”
Editor's note · Context
Opposing an amendment related to marriage penalty relief and its impact on education tax benefits.
Share
More from Cord Byrd
Tomorrow we mark the fifth anniversary of the now infamous ``Mission Accomplished'' speech which was delivered by President Bush on the deck of the USS Abraham Lincoln on May 1, 2003. Five years ago, I took issue with the President's…
this afternoon we take up legislation making emergency supplemental appropriations for the wars in Iraq and Afghanistan and to help Americans cope with a sagging economy. One year ago, Congress sent the President a war funding supplemental…
Today the Senate marks the 100th anniversary of the birth of Lyndon Baines Johnson. The Senate has changed much, in a sense; in another sense, it has changed little since the days when Senator and Majority Leader Johnson strode through…
in my multivolume history of the Senate, I noted that the Senate is ``the anchor of our republic.'' It is, I wrote, ``the morning and evening star in the American constitutional constellation.'' Today, I recall those words because I am…





