Absolutely not, I would say to the Senator from Oregon. Clearly, if you go back to the origin of the alternative minimum tax, it was designed to go after those handful, in comparison to the total number of taxpayers in this country, who…

The Senator from Oregon is exactly right. I took three tax courses in law school. I cannot do my taxes with any assurance that I am doing it right because this code has become so incredibly complicated. The alternative minimum tax adds an…

I ask unanimous consent for 2 more minutes. The ACTING PRESIDENT pro tempore. Without objection, it is so ordered.

Let me skip forward here. Despite the President's own recognition of this problem, we have not taken this plan forward. There are do-nothings who think that if we do not act, Medicare will be secure. Actually, the do-nothings are the ones…

I want to thank my colleague from Oregon, Senator Wyden, for working with me, and particularly working with Senator Gregg who is now retired from this Chamber. They spent an extraordinary amount of time, very productive but very time…

Thank you all for your testimony. It was helpful and important for us.

I wish to thank the Senator from North Dakota for allowing me to go first. I will be relatively brief. I have spoken on the floor on a number of occasions regarding my frustration about the Senate not spending enough time debating what I…

Congratulations. Particularly at a time of fiscal constraint, it is important to hear that.

It is clear one of the nations that we have a very significant relationship with, particularly in terms of trade, is China.

Would you name those four industries?

It is clear then that we can do some things at the beginning to, hopefully, alleviate that issue.

Thank you. Just answered one of my questions.