Peter Roskam: “So what equitable sharing is, it means when the Government seizes property and there is participation by State and local…”

That is right. So, to the gentleman's point, a deduction is a decrease in a taxable liability; a credit is a credit. Once the tax is calculated, the credit is an amount that comes off of that tax liability, so it is a very significant…

I want to thank Chairman Jenkins and Ranking Member Lewis for their work on this, and I am pleased that the underlying bill includes the RESPECT Act, which deals with civil asset forfeiture abuses by the Internal Revenue Service, and I…

I am pleased to see the inclusion of the Promoting High-Value Health Care Through Flexibility for Deductible Health Plans in this bill today. This is legislation that is bipartisan that I introduced, along with the Congressman from…

I thank the gentleman from Michigan for yielding. You know, I think it is so interesting. We are all coming together, various States, to celebrate these accomplishments and to take a step back: how far we have come in the past year or the…