Chuck Grassley

If I have 10 seconds---- The ACTING PRESIDENT pro tempore. The Senator from Iowa has 1 minute remaining.

Would it be in order to call up my motion on the AMT and the capital gains dividend? The ACTING PRESIDENT pro tempore. The Senator's motion is now pending.

The words ``paid for'' also mean tax increase. The difference between these motions is, the Grassley motion does not contain the tax increase. The Dodd motion asks the conferees to raise taxes.

I offer this motion instructing conferees that in the years 2009 and 2010, the international competitiveness of the United States in attracting capital investment, and therefore job creation, is not weakened further by higher combined…

This motion I offer on behalf of Senator Santorum of Pennsylvania would make permanent the above-the-line deduction for tuition and fees for college.

This is repetitive, but I will state this for Senator Hutchison. This resolution of instruction calls for a permanent deduction of State and local general sales tax. Motion to Instruct Conferees

The motion to instruct that was just read is mine. Simply stated, this is a motion that says there are sufficient funds to do both alternative minimum tax and capital gains and dividends and that we should do both--in other words, as an…

As I said, I am doing that for Senator Lott of Mississippi. I think it is self explanatory. Just to reiterate, this motion, on behalf of Senator Lott, calls for full and permanent repeal of the alternative minimum tax. Motion to Instruct…

There was no excuse for it in the first place. Not having a procedure in place for the massive expenditures of money that was spent.

I hope we just have one more rollcall vote--on final passage. It is my understanding that the Menendez amendment has been changed to a sense of the Senate, so that means the amendment I was going to offer on AMT will not be offered…

Just not to confuse anybody, we are kind of going through the same thing we did on the previous two amendments, so be alerted.

First, since we adopted the previous amendment, we obviously don't need this amendment. But even if we consider this amendment, I raise a budget point of order on the amendment.

I raise a budget point of order on my amendment, and I also move to waive all provisions of the Budget Act and budget resolution necessary for the consideration of the pending amendment to this bill and for the inclusion of the language of…

I disagree with the proposal in two important parts. First, the proposal does not extend to 2009 several provisions that are very important to both sides, bipartisan--specifically, the section 179 expensing, which encourages the growth of…

I always anticipate the picture show that we are going to have now from the Senator from North Dakota. Anyway, I hope he will be tolerant. I have always wanted to engage him in some debate on these issues because I think he always tells…

My response to that is a friendly response. It is not a very definitive response because I think my friend from Montana knows that some of these negotiations go on at a little higher level than he and I are in leadership.

I thank you, Senator Baucus for raising the issue. Providing relief from the alternative minimum tax for millions of American families is critically important. The alternative minimum tax is badly in need of reform and I know he is anxious…

I agree that CMS needs to develop a process to permit medically necessary Part B therapy services that exceed the cap in a timely manner. I also believe that this process should not result in the delay of needed therapy services. I would…

No, it is my intention that the provision should not affect the ability of charities to borrow to purchase life insurance, particularly where the people insured are officers, directors, employees or in some cases established donors of the…

I send to the desk the managers' amendment. Traditionally, managers' amendments have been worked out with both sides of the aisle. I urge adoption of the amendment.

This is another way of cutting back on the mortgage deduction, the charitable deduction, and the State and local tax deduction. When these provisions of phaseout of deductions were put in years ago, it was subterfuge for raising the…

The substance of the legislation is difficult to argue with, but this is an outlay, and you can't have outlays in this particular reconciliation bill. So I raise the point of order.

I raise the point, first of all, that we voted on a like amendment a couple of weeks ago. But I want to say why the amendment is defective, as I would have said then. It would require us to raise taxes to extend expiring tax cuts, but it…

I appreciate the cooperation I have had with Senator Baucus in working out some differences on this bill, which he has enunciated very well. I look forward to, hopefully, getting done what he said before we get this bill through the Senate…

I raise a point of order the amendment is not germane to the underlying legislation.