Political Quotes

“Mr. President, I call up my amendment 91 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The senior assistant bill clerk read as follows: The Senator from Iowa [Mr. Grassley] proposes an amendment numbered 91. The amendment is as follows: (Purpose: To create a point of order against legislation that would allow for six-figure tax cuts for the top 1/10/th of 1 percent of taxpayers) At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST TAX CUTS FOR THE WEALTHY. (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that increases or eliminates the limitation on the State and local tax deduction if such increase or elimination would, as determined by the Joint Committee on Taxation, result in any taxpayer receiving a reduction in Federal income taxes which is equal to or greater than $100,000. (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a).”