Political Quotes

“Madam President, I intend to move, with the support of Senator Blumenthal, that H.R. 1628 be committed to the Committee on Finance with instructions to report the same back to the Senate in 3 days with changes that will require tax rebates to individuals who, through no fault of their own, received lump-sum Social Security disability insurance settlements which resulted in loss of advance premium tax credits for that year and not include as income retirement and savings drawdowns used to pay medical bills. I ask unanimous consent that this statement be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: Motion to Commit With Instructions Mr. King moves to commit the bill H.R. 1628 to the Committee on Finance with instructions to report the same back to the Senate within 3 days, not counting any day on which the Senate is not in session, with changes that-- (1) are within the jurisdiction of such committee; and (2) require-- (A) tax rebates to individuals who, through no fault of their own, received lump sum social security disability insurance settlements which were calculated in the year they were received and disqualified the individuals from receiving advanced premium tax credits in that year; and (B) that income drawn from retirement and savings accounts utilized to pay medical bills not be counted as income for purposes of the premium tax credit.”