I understand a number of these investors have petitioned the State Department to espouse claims of all U.S. investors in Yukos.
Rich Neal
The Public Record
Richard Edmund Neal is an American politician serving as the U.S. Representative for Massachusetts's 1st congressional district since January 3, 2013. A member of the Democratic Party, Neal has focused on issues such as healthcare, education, and economic development throughout his tenure. He has been an advocate for Social Security and has expressed concerns about privatization efforts by Republicans. Neal has also been vocal about the impacts of trade policies on American families, particularly criticizing the effects of the Trump administration's trade war.
So I think we all have a responsibility to make sure that the debate is honest.
I think that is where this committee's responsibility really needs to be stepped up because we need to get beyond some of that, the political bickering, and focus on what tax policy is going to improve our economy and improve the lives of…
I think it is fair to say as well that we are much less dependent on coal...
I suspect based on what we are about to hear in the next four hours, you may well be right.
Without Government guarantees, you are not going to build any nuclear power plants.
For us what is fascinating is left, right and center, members who have testified today have put ideology aside and emphasized the success that the production tax credit has had.
I dare say there are not many Members of Congress more conservative than Mr. King, and he made a pretty aggressive argument today.
These hearings have been instructive. The panelists have really been good. It is a pretty good snapshot of why tax reform will be so difficult.
Thank you, Mr. King, for your testimony. That is the point I have been making all morning, that you need it until you phase it down. That is precisely the point I have been trying to make.
Domestic capacity is up by 20 percent. Next year, North Dakota is going to produce more oil in Prudhoe Bay.
The short line railroad credit works well, not just in rural America, it works very well in urban America as well.
I think the nexus between Mr. Welch and Mr. Herger's commentaries is very important because one of the most under reported success stories in America today is the fact that we are currently using two million barrels of oil less than we…
Reducing the carbon footprints, entirely desirable. Moving away from fossils is a good idea.
As Mr. Welch suggested, there will come a time when they can be ended, but in the short run, in order to keep them going, we are going to need those preferences.
About 975,000 families in Massachusetts, including 80,000 in my district in Springfield, will be hit with AMT if we do not enact a patch for 2012.
However, I should note my frustration that Congress has once again allowed so many of these important tax provisions to expire.
We need to extend this 15-year depreciation provision and eliminate any tax law prejudices against retail store owners.
The new markets tax credit is designed to stimulate investment and economic growth in low income communities that are traditionally overlooked by conventional capital markets.
Important principles of tax policy are certainty and predictability. We need to remember these principles as we deal with the tax extenders.
This is the party, on the Republican side, that tried to privatize Social Security during those years, and all they want to do is shoehorn these legislative proposals into tax cuts for wealthy people. Their argument today, despite these…
This legislation would reduce it by $1.2 trillion based on the nonpartisan budget watchdog called the Congressional Budget Office.





