Harry Reid: “As I mentioned, the answer to all of the problems-- environmental problems, better schools, homeland security--is cut…”

“As I mentioned, the answer to all of the problems-- environmental problems, better schools, homeland security--is cut taxes for the elite of this country. That will handle everything. I am sure that is their reasoning for this no-tax policy on health insurance. In answer to the Senator's question, we would allow small business expensing that I think is very important. That is in the Republican plan. I think it is important we have that in ours. We want a bonus deduction for businesses on depreciation rules. We want a 20-percent tax credit for businesses that invest in the broadband high-speed Internet infrastructure. We want $40 billion direct relief to States and local governments. It is so important we do that. As I mentioned to the Senator earlier in responding to one of the questions, the State of Nevada is devastated because of unfunded mandates. Leave No Child Behind, as I said, according to the State legislature, is leaving lots of kids behind because they have no money to implement all the testing requirements and things that our school districts are being forced to do. They do not have the money to do it. Homeland security, we have all kinds of burdens upon us as a result of 9/11, and I think we should be helping with that. With our tax plan, which we are going to have a chance to vote on and which I think is going to be offered by the Senator from Louisiana, we are going to have an opportunity to do something about unemployment benefits.”