Political Quotes

“Madam Speaker, I yield myself such time as I may consume. Madam Speaker, let me first just quickly respond because I have heard this point made several times in reference to luxury vehicles purchased by wealthy individuals. It is interesting because the electric vehicle tax credit was first put into law and came into effect in 2009. In 2017, the entirety of the Federal Government was controlled by Republicans, and by their own definition they scoured every line of the U.S. Tax Code to present to this Congress and pass legislation to address what they saw as the weaknesses in the Tax Code. Looking at everything, including the electric vehicle tax credit, what was the result? It was huge tax cuts to those very wealthy individuals, and unlike our policy, no cap on the price of a vehicle. Madam Speaker, when my friends on the other side of the aisle look at the electric vehicle tax credit in 2017, they allowed a millionaire to buy a vehicle priced at any price. What we did when we wrote our electric vehicle tax credit is put a cap on the income of individuals who qualified for the credit. My friends on the other side of the aisle did not put a cap on the price of a vehicle that is eligible for the credit. They had no cap on the price of the vehicle. Let's see this for what it is. It is not an attempt to make right the electric vehicle tax credit. It is an attempt to stop the electric vehicle tax credit and to end the electric vehicle tax credit.…”