Charles Rangel: “Mr. Speaker, if anyone can tell me how they get these credits. All I am saying is that I respect that the gentlewoman…”

“Mr. Speaker, if anyone can tell me how they get these credits. All I am saying is that I respect that the gentlewoman knows that we had a bill and she studied it and she would like to critique it. I only wish that the majority would have allowed us to bring the bill on the floor so it could be critiqued, one. Two, if we are talking about credits as a substitute for the existing program, the one question that I keep asking is, if they have the credit but no tax liability, how does a guy go to the HMO and try to get insurance? The answer is that the tax credit is advanced, so they can get it up front, they do not have to wait for the Treasury to give it to them. So I accept that. I am saying if there is this advance credit, where do they go and what do they do with it? The answer is that there is no answer. They make it up as they go along, because the Secretary of the Treasury is the one that is going to determine at some point in time sometime next year how the program works. But if Members are trying to find out how it works tonight on the floor, as we say in New York, forget about it.”