Political Quotes

“I am not going to ask for a record vote on this amendment, and I hope that will help others try to move the process along. This amendment is very similar to the next amendment, the Coats amendment, in that it is a clear indication that the Democrats understand that we want to extend the medical expense deduction of 7.5 percent threshold to seniors, which expires at the end of 2016. The difference is that we don't believe it should be paid for on the backs of our seniors, and that is why this amendment would have it paid for by a minimum tax of 30 percent on those who earn over $1 million dollars, the so-called Buffett rule. The Coats amendment that is coming up next is on the backs of seniors by denying the indexing of the $85,000 threshold for seniors to pay the additional Medicare premiums. I will have a chance to talk about that in a moment, but this amendment allows us to extend the medical expense deduction of 7.5 percent threshold but does it without attacking our seniors. The PRESIDING OFFICER. The Senator's time has expired. The Senator from Wyoming.”