let me start out by first saying that this is a fair rule. It gives the minority an opportunity for a substitute. I think they can also do a motion to recommit. I am certainly very pleased and honored that the Committee on Rules and our leadership has sought to bring this bill to the floor for a vote. We passed the tax relief package last year, and there was a provision in the bill that sunsetted all of the provisions in this bill. I think that was most unfortunate, but I understand the nature of the problem, although I do not support it over in the Senate. But the political realities of that body were such that this is what we ended up with. I think it is very unfortunate to have a sunset provision in any of the tax relief packages. I am hearing today from working-class families in my district, and in particular I spoke to a gentleman who works at Kennedy Space Center who just had a second baby. He discussed how the tax reductions, the increase in the child tax credit is really helping him and his family. The concern I had about the inheritance tax sunset was very, very specific in that I heard from people, indeed right after we passed that bill, I talked to a small businessman in my congressional district who told me he did not know what to do with his estate plan.
David Weldon: “let me start out by first saying that this is a fair rule. It gives the minority an opportunity for a substitute. I…”
Editor's note · Context
Discussing the implications of tax relief and sunset provisions during a floor speech.
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I would be very happy to yield to the distinguished gentleman from West Virginia (Mr. Mollohan).
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