Sam Brownback: “One thing I am going to draw to the attention of some of my colleagues in this bill that is very helpful in my State is…”

“One thing I am going to draw to the attention of some of my colleagues in this bill that is very helpful in my State is a particular provision extending the bonus depreciation allowance for civil aviation aircraft. That bonus depreciation has brought back an industry that was on its knees, that was crushed after 9/11. They were selling no aircraft. By having the bonus depreciation in there, they started selling aircraft. In fact, they quadrupled their sales of aircraft, particularly Cessna, Bombardier, Learjet. This hits Raytheon, the whole industry, much of which is concentrated in my State but has fingers around much of the country. It is a fabulous industry, great productivity of workers. There are really good people associated with it. It was on its knees after 9/11. The bonus depreciation was put in the first tax cut bill that really revived it and brought it back.”