Dave Camp: “they say it's better to be a day late than a dollar short. In this case, however, the majority party is over a month…”

“they say it's better to be a day late than a dollar short. In this case, however, the majority party is over a month late, costing taxpayers $75 billion. As I listened to some of the previous speakers on the other side, just because they can't deliver on their promises, somehow it's our fault. But by postponing action on legislation to exempt 23 million Americans from paying the alternative minimum tax, the majority party has caused taxpayers, both those affected by the AMT and those who are not, to have their refund checks significantly delayed. When Republicans were the majority party during the last Congress, we got our work done and fixed the AMT exemption amounts in May. As a result, no taxpayer funds were delayed. No additional taxpayers were forced to pay the AMT last year. This year, under their majority, 23 million Americans will be subject to the AMT. Last year under a Republican majority, 4 million Americans would have paid the tax. The sad part is 23 million Americans should not have to pay the AMT. They could have been shielded if the Democratic-controlled Congress was able to finish its work on time. The Senate has already passed a 1-year AMT fix that did not include tax increases.”