Political Quotes

“I rise in strong support, not only of this rule, but of this legislation. This afternoon, we are going to vote on a pretty modest package of tax relief as well as a very generous contribution of additional funding for reimbursements for Medicare. That is what this legislation contains. So the most important provisions are provisions such as those which help working people, working families where we allow people to set aside more for retirement, more for their savings, by increasing what one contributes to their IRA from $2,000 to $5,000, if one has a 401(k), increasing it from its current level from $10,000 to $15,000, tax savings to help one save for the future. I also note that we have special provisions which will benefit working moms. I think of my sister Pat, who does not want everybody to know, but she is over 50. She has taken a few years out of the workforce. Now she is back in the workforce, a little extra income. She can make up her missed contributions to her IRA and 401(k) she was not able to make when she was at home with the kids. That is a good provision to help working moms and working people. I also want to point out this legislation helps the entrepreneurs, the self-employed. A lot of people have talked about it. This legislation does it. We give 100 percent deductibility for the self-employed for their health insurances. Corporations have gotten it for years. The self-employed only get 60 percent. It is time we give them 100 percent.”