Political Quotes

“As I have done before, I rise today in strong support of eliminating the 1099 paperwork requirement on small businesses. In fact, I would remind my colleagues on the other side of the aisle that the only reason we are here today--the main reason this is still an issue at all--is because House Republicans opposed eliminating this provision when the Small Business Tax Relief Act of 2010 was brought to the floor of the House in July of last year. So this issue isn't new, and it really isn't a question of whether there is bipartisan agreement to repeal this onerous requirement. There is. The question is how you pay for it. And that's where today's bill goes astray. We can and should repeal the 1099 reporting requirement. But we should not do it on the backs of middle class Americans buying health insurance for their families who are playing by the rules and complying with the law. And I would point out that the law they're complying with received a near unanimous vote of 409-2 this past December. I stand ready and willing to work with my colleagues on both sides of the aisle to find an acceptable way to pay for this repeal before the requirement takes effect in 2012. But I strongly believe that effort should focus on ending any of the myriad loopholes and unjustified subsidies in current law before imposing an effective tax increase on the middle class.”