Dave Camp: “When I hear my friends from the other side talk about their concern for the growing national debt, I know we must have a…”

“When I hear my friends from the other side talk about their concern for the growing national debt, I know we must have a good bill because they don't want to talk about the bill. The deficit went up every year the Democrats were in the majority, and it has gone down every year the Republicans have been in the majority, but let me talk a little bit about this piece of legislation. When it was created, it was not paid for. It was created for 2 years. When it was renewed in 2010 for 2 years, it was not paid for. When it was renewed in 2012 for 5 years, it was not paid for. What we have in this country is repeatedly renewing tax policy for short term, not paying for it, not making it reliable. We are the only nation in the world that does this. What we are looking for is not only making this policy simpler and easier to understand, as the sponsor of the bill has explained very well, but we also want to make this permanent so we don't have to come back and wonder, so families that are planning for three or four of their kids to go to college over the next 10 years don't have to wonder, Are these provisions going to be there? Am I going to finally figure out these 100 pages of instructions and start to plan for my children's college education only to find, oh, Congress didn't get around to extending this provision this time? {time} 1630 So part of this is about permanency. How do we make these policies last?…”