Bill Pascrell: “now I have really heard it all, that there is an intricate relationship between marriage repeal and keeping marriage…”

“now I have really heard it all, that there is an intricate relationship between marriage repeal and keeping marriage permanent. You are darn right. There is a question of values. You are darn right. Last week I got up here and urged my colleagues to vote against the ill-thought-out repeal of the sunset on the estate tax. Here we are again. Besides being a colossal waste of time, these piecemeal votes to reveal bits and pieces of tax cuts that you have proposed reveal the deceit behind the administration's initial cost estimate. According to the official estimate from the Joint Committee on Taxation, certainly no left-leaning group, no agency from the far left, no Democratic agency, today's bill would cost about $25 billion in 2012. If that does sound ridiculous, it really is. It really is ridiculous, that we even put a budget together 10 years is ridiculous, and the American people know it is ridiculous. We cannot even project what is going to happen 10 months from now, let alone 10 years from now. Nearly two-thirds of the result of the provision of this bill, an expansion of the 15 percent rate bracket, that only benefits higher income couples. In the 10-year period, this is going to cost $330 billion. If the cost of increased interest payments is added, it is going to rise to $460 billion. That is why I support the substitute. I think it is a critical substitute. I think it is an important substitute.”