However, I should note my frustration that Congress has once again allowed so many of these important tax provisions to expire.

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.

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.

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.

We need to extend this 15-year depreciation provision and eliminate any tax law prejudices against retail store owners.

I dare say there are not many Members of Congress more conservative than Mr. King, and he made a pretty aggressive argument today.

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.

The R&D tax credit is a huge priority for many of us in Massachusetts.

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.

Without Government guarantees, you are not going to build any nuclear power plants.

I suspect based on what we are about to hear in the next four hours, you may well be right.