Mr. Speaker, first, I want to make mention to the fine ranking member of the committee that we did reach out, certainly, to as many staff on the Democrat side as we possibly could. Perhaps we could have done a little bit better job of that, but I do want to make mention that we did make that effort--a point duly noted, though--and we will follow up multiple times the next time I have a bill that I think the gentleman would be interested in. Mr. Speaker, I filed H.R. 5015, the Combat-Injured Veterans Tax Fairness Act, after learning that nearly 14,000 veterans from all 50 States and the District of Columbia who suffered service-ending, combat-related injuries never received the full amount of their severance payment because taxes were wrongly withheld. Let me repeat that: nearly 14,000 veterans did not receive the money to which they were entitled because of a taxing error made by the Federal Government. Now, in case you are wondering how this error occurred, here is some background: the Internal Revenue Code excludes recurring disability payments from taxable income for personal injuries or sickness resulting from active service in our Armed Forces. In 1991, a Federal district court case, St. Clair v. United States, determined that one- time lump-sum disability severance payments received for injuries resulting from active service should be excluded from taxable income as well.…
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Mr. Chairman, I claim the time in opposition to the amendment, although I am not opposed to the amendment. The Acting CHAIR. Without objection, the gentleman from North Carolina is recognized for 5 minutes. There was no objection.
To me, the best approach when it comes to these novel technologies is for the CFTC to set clear, enforceable rules of the road while also knowing when to get out of the way and allow firms the flexibility to innovate.
I see my friend and colleague, Dusty Johnson, here. Dusty and I serve as cochairs of the Supply Chain Caucus here on the House side.
Mr. Speaker, for the first time since 1932, North Carolina will receive a new statue representing our State in the U.S. Capitol tomorrow. The late Reverend Billy Graham, Jr., was a very cherished Christian leader and an exemplary North…





