Political Quotes

“Mr. President, before the Presidents Day recess, I announced that I would introduce legislation if the tax extenders weren't included in the legislation that we passed at that time that would keep government open. Today I am following through on that promise with a bill that I am introducing with Finance Committee ranking member Senator Wyden of Oregon. It is fitting that I am taking this step in the same month as Groundhog Day, as the subject of my remarks is something that Congress has had to deal with too many times already. Next to me is a depiction from the movie ``Groundhog Day,'' which is about a man named Phil who must relive the same day over and over until he gets everything right. While we still need to break the cycle of repetitive short-term extensions, the right thing to do right now is to extend these already-expired provisions for 2018 and 2019. As I have said before, the tax extenders are a collection of temporary tax incentives that have required extension on a very regular basis in order to keep them available to the taxpayers. Currently, there are 26 provisions. At one time there were as many as 50-some. We have done away with some of them and made some of those laws permanent, but these 26 provisions expired at the end of 2017. They need to be extended, as well as three others that expired at the end of last year.…”