I thank the Chair. Mr. President, I see the Senator from Montana, the Finance Committee chair on the Senate floor, along with Mr. Kyl, the Senator from Arizona, who has been one of the chief negotiators on the package, and the Senator from Louisiana, Mr. Vitter. Before we get to the time allotted for voting, I would like to say again how important it is to try to get this provision and the underlying bill corrected. It is a technical correction that we are asking for to allow a placed-in- service date to be extended from January 1, 2012, to January 1, 2013--a 1-year extension to finish the low-income housing projects that are underway not only in New Orleans but along the gulf coast. Mr. President, I ask unanimous consent to have printed in the Record a Times-Picayune editorial dated today in support of this and a New York Times editorial of March 2, as well as a letter of support from Secretary Donovan and Secretary Geithner testifying to the importance of these projects. There being no objection, the material was ordered to be printed in the Record, as follows: [From the Times-Picayune, Dec. 15, 2010] Extend Go Zone to 2012 New Orleans and other parts of South Louisiana will likely lose important recovery projects, including thousands of prospective housing units, if Congress fails to extend the Gulf Opportunity Zone tax credits for two more years.…
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