Political Quotes

On the recordDecember 11, 2015
I thank the gentleman for that comment. The only thing I would add, Mr. Speaker, is there is also a tax extender bill that is being discussed. The tax extenders are some of the items that Members on both sides of the aisle believe are appropriate and necessary to help grow our economy and create jobs, which has support on both sides of the aisle. But it is clear that the extender bill, as I understand it, is a bill that can be very, very large--as large as $800 billion in unpaid tax cuts--which, from our perspective on our side in the House of Representatives, will substantially exacerbate our deficit, and that will undermine the viability of getting tax reform done in the next session or in the years to come. We think, therefore, that it would be far preferable to have pending getting tax reform done--hopefully, next year if we can do so in a bipartisan fashion--and to have a shorter term. The Senate passed a 2- year bill, which is really a 1-year lookback to 2015 and a year forward to 2016. We need to certainly do that. I think we could get a bipartisan vote for that. I don't know where the negotiations are on that bill.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Dec 11, 2015

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