"I hope both will be extended."
"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."
"The R&D tax credit is a huge priority for many of us in Massachusetts."
"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."
"Reducing the carbon footprints, entirely desirable. Moving away from fossils is a good idea."
"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 ..."
"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."
"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."
"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."