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On the recordJuly 19, 2012
I thank the gentleman for yielding. One of the points I think that's important to focus in on is the last time this Congress dealt with the '01 and the '03 tax rates was not in '01, not in '03, but in December of 2010 when President Obama signed these into law. So this is an arena where we do reflect back, but ultimately we need to look forward. So the question is how do you create a sense of predictability by which businesses can deal with these situations? So the gentleman is right to point out past forecasts that were incorrect. But it's also correct to point out that the White House made one error after another--this White House--one error after another as it relates to the predictions of the stimulus, for example, where unemployment was promised to peak at 8 percent, and it didn't turn out to be so. So as we move forward, this is not new ground, these are not new concepts, and it's consistent with what then-Minority Leader Boehner said in the Pledge to America. This process has been open, this process has been dynamic, this process has been participatory, and this bill will be considered under the same rules and the same commitments that were made in the Pledge to America. Moving forward, what I would like to announce to the gentleman and to the membership is that there will be an opportunity, I'm told, for the minority party to offer the President's alternative as an amendment on the floor, to have the debate.…
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Peter Roskam
Republican · Illinois

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