Charles Rangel: “I would have hoped that today we would have taken advantage of the fact that all of us want to get rid of a part of the…”

“I would have hoped that today we would have taken advantage of the fact that all of us want to get rid of a part of the President's affordable health bill that we believe has not reached the objective that we wanted. Everybody, including the President of the United States, believes that 1099 in the present form should not be there. Republicans and Democrats have voted to make certain that it not be there. The last time we attempted to correct it, we felt that because of the billions of dollars that would be lost by trying to get rid of it, we passed a law and it was rejected because the majority party didn't like what we call the pay-for. Since that time, the pay-for has been passed into law, it has been accepted, and now we are trying to find a new one. I don't know why in God's heavens as to why we couldn't have sat down to find one, as long as we certainly wanted to avoid fraud on the taxpayer, and work out something that is fair. I can't believe that the majority doesn't believe that what we are trying to do is to avoid having an unintended tax on hardworking people. And so if this is going to hold it up and cause us now to throw the baby out with the bath water, to have us rejecting what we want to do, and that is to get rid of 1099 in its present form, I think it is unfortunate.”