On the recordJuly 12, 2012
I discussed this amendment in great detail yesterday, so there is no reason to review it. I thank many Members of the Small Business Committee on both sides of the aisle for putting forth some terrific, very popular, and effective ideas for small business: 100 percent exclusion of capital gains, decreased deductions for startup expenditures, S corporation holding period reductions, carryback on business credits, and expensing of 179--all very familiar to this body and absolutely critical for investing in our small business. The bill only costs $4 billion compared to some of the other numbers that are being thrown around here. We think it is very cost effective, and I ask for the support of the body. The PRESIDING OFFICER. Who yields time in opposition?
