Political Quotes

On the recordSeptember 19, 2012
last month the Senate Finance Committee reported bipartisan legislation on what are called the tax extenders. The Finance Committee tax extender legislation addresses a significant part of the so-called fiscal cliff. The Finance Committee bill would extend relief from the alternative minimum tax through 2013. It would extend tax incentives for renewable energy and energy conservation through 2013, and it would extend through 2013 the traditional extenders, among which are the R&D tax credit, the State and local sales tax deduction, and the tuition deduction. The Finance Committee reported that bill with a strong bipartisan vote of 19 to 5. The bill cuts taxes by $205 billion. It cuts taxes by $143 billion in fiscal year 2013 alone. Passing this bill today would help remove some of the uncertainties surrounding tax policy. Passing this bill today would help our economy. Passing this bill is the least we should do now. So I ask unanimous consent the Senate Finance Committee be discharged from further consideration of H.R. 9; that a Baucus amendment, which is at the desk, the text of which is identical to S. 3251, the Family and Business Tax Cut Certainty Act of 2012 as reported by the Finance Committee, be agreed to; that the bill, as amended, be read a third time and passed, the motions to reconsider be laid upon the table with no intervening action or debate, and any statements related to the bill be placed in the Record at the appropriate place as if read.…
Said by
Harry Reid
Democratic · Nevada
Source
govinfo.gov
Sep 19, 2012

Share

More from Harry Reid

Mar 7, 2017

it is unclear what . . . duty [third-party set-top box providers] would have to protect programming content or otherwise comply with the licensing agreements

congress.gov
Dec 28, 2021

But the purpose of politics that Harry Reid understood very well is to get stuff done.

msnbc.com
Dec 28, 2021

I have to win 50 plus one.

msnbc.com
Jan 3, 2022

Get rid of the filibuster. It`s nothing. As Barack Obama said at John Lewis` funeral, it`s part of the leftovers from the days of slave owners. You have got to get rid of it. It`s very bad.

msnbc.com

Other voices in this conversation