I take this time to urge my colleagues to find a way to proceed with the EXPIRE Act that Senator Wyden and Senator Hatch worked on. I am proud to be a member of the Senate Finance Committee, where this legislation was passed by a unanimous vote. We had an extensive markup where members offered numerous amendments. This deals with expiring tax provisions, and if we don't take action, we will find that those who depend upon this tax policy remaining in effect--such as small business owners, students, people who use certain benefits, and some of our energy provisions--will find that policy expires at the end of the year. If that happens, what happens, quite frankly, is that--it has already expired in some provisions, and if we don't extend it, there will be continued uncertainty in our Tax Code. It also means that if we don't pass this bill, it effectively raises taxes on a large number of Americans. So it will affect those who ride our transit systems. It is already affecting those who use transit systems. It is already having an impact because we haven't taken timely action. We can't wait any longer on the passage of this bill. I would like to take this time to express my strong support for giving a fair shot to all Americans who depend upon a stable tax policy and are finding that our inactions are causing more uncertainty. It affects job creation in our communities. Let me give a few examples. Small businesses depend upon the passage of this bill.…
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It was originally a piece of legislation targeting the people who killed Sergei Magnitsky.





