On the recordDecember 17, 2015
I thank the chairman for the fine work he and his staff have done in negotiating this package. Mr. Speaker, Speaker Ryan has talked about restoring confidence in America, which is something I think we can all agree on. Things we need to do to achieve that involve restoring American leadership abroad, protecting our American values, and, very importantly, restoring American prosperity. We can't do that until we reform the Tax Code. That is at the center of all of the efforts to restore American prosperity through economic growth. I rise in rigorous support of this bill as it stops the cycle of just extending these provisions without vetting them year after year and in the last hours of the year. It is time to stop that, and we are doing that. We are making some of these provisions permanent. We are creating certainty for American families and for American businesses at a time of economic uncertainty. This is real tax relief that sets the stage for tax reform. There are a number of important provisions in this. Mr. Paulsen has worked very hard to repeal the device tax, which stifles American innovation, and we are going to put this on hold for 2 years. We are going to stop the health insurance tax for 1 year, which is causing health insurance premium hikes for American families. By some estimates, it is $350 to $400 a year for American families, and this is wrong. The R&D tax credit is made permanent. American innovation is what we want to see to get growth.…





