Pete Domenici: “In direct answer to the question, I agree with that. As far as the amendment itself and what it says, there is no effect…”

But that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.

If indeed you intend to have a bipartisan solution, then obviously you have to do some of the things we are talking about, some give-and-take.

the lower the tax, the better in terms of the economy and its capability to produce and grow.

I see it as nothing but an obstacle--and we have plenty already--to getting things done.