On the recordApril 19, 2012
We passed--if I can go to another subject briefly--we passed a bill today which the gentleman was a principle advocate of which cost $46 billion in terms of revenues in effect forgone, if you will, that otherwise were being expected, if that bill passes. Does the gentleman believe that if that bill passes and is signed by the President, that in light of the fact it's a 1-year bill, does the gentleman believe that it will be only 1 year or does the gentleman intend, if his party happens to be in charge in the next Congress, to see that lapse and that tax increased again on small businesses? What is the gentleman's thought on that? I ask him that question, if I might, in light of The Wall Street Journal's observation today that certainly this did not give small businesses much certainty.
