On the recordMay 20, 2015
Mr. Speaker, I am opposed to this bill in its current form, and I want to remind my colleagues that this will not kill the bill, nor will it send it back to committee. If adopted, the bill will proceed immediately to final passage as amended. Well, we are 6 months into the new Congress; and what do we hear from the majority? It is more of the same, more of the same assurances: Trust us on tax reform; it is on the way. First, it was: Do not introduce tax bills. Trust us, tax reform is on the way. Then it was: If we make some extenders permanent, trust us, tax reform is just around the corner. The new refrain is: If we want to fix the highway trust fund, let's do tax reform at the same time. Mind you, we have just voted to extend the highway trust fund for the 33rd time, and in December, we will most likely vote to extend the R&D tax credit on another short-term basis. Let's stop playing these games. By the way, when my friend from Texas talked about Democrats extending the deficits, did he forget that Bill Clinton left us with four straight balanced budgets, and in 8 years, they wrecked the trajectory of those balanced budget with $2.3 trillion of tax cuts? That is the reality. When I heard him say the Democrats ran up the deficits, I guess they forgot there was a President George W. Bush in between. What do we do here? We do the estate tax repeal. That takes care of 5,400 families in America. How universal is that?…





