Jason Smith: “We need an ambitious negotiating agenda, and that is not going to happen among 164, soon to be 166, members.”

Mr. Speaker, I will remind the body that the reason why these enhanced subsidies are expiring is because the Democrats are the only ones in this Chamber who voted for them to expire on December 31. Apparently, they regret that vote because…

For far too long, foreign influence and interference have plagued our tax-exempt sector.

It is clear the status quo is unacceptable. Tax-exempt status is a privilege, not a right.

This database confirms what the Ways and Means Committee has been exposing for months: foreign money is flowing into America’s tax-exempt sector.