Max Baucus: “The AMT is a huge problem. This Congress and the committee are going to, as sure as I am standing here, make sure we…”

“The AMT is a huge problem. This Congress and the committee are going to, as sure as I am standing here, make sure we have some kind of AMT patch so taxpayers who did not pay the AMT tax in 2006 will not have to pay it for 2007. We should not try to solve the AMT problem on the backs of the low-income kids. It is wrong, dead wrong. I strongly urge Senators to keep first things first. This is a kids bill, not an AMT bill. We deal with kids today and help low-income kids and we will deal with the AMT at a later date. Believe me, we will find a solution to that. I urge Senators to keep their eye on the ball with kids and not to support the amendment.”