Dave Camp: “I would just say to my good friend from Wisconsin that that was part of the story. Many of these provisions that are…”

“I would just say to my good friend from Wisconsin that that was part of the story. Many of these provisions that are bipartisan job-creating provisions have been extended time and time again without being ``offset,'' without being ``paid for.'' Look at the research and development tax credit. It has been extended 15 times over a 33-year period. It has never been paid for, but it is temporary, so it doesn't have the impact on innovation and research and development. That is what drives economies. That is what grows jobs. Let's make this permanent. Let's not be the only nation in the world with a temporary tax policy. Then we wonder why we are not growing. Then we wonder why median incomes are flat or are declining. Then we wonder why people aren't achieving the American Dream. Some of my friends have talked about the Senate. They didn't pay for this. What did they do? They extended some of these policies backwards a year and forward 1 year. How can anyone decide to hire a worker, to build a new building, to buy equipment, to start a new production line on 1 year of policy? This is about permanency, and it is about growing jobs. I yield 3 minutes to the distinguished gentleman from Minnesota (Mr. Paulsen), a member of the Ways and Means Committee. {time} 1515”