Charles Rangel: “I think, though, that one of the gentlemen who spoke for the rule spelled it out as to the difference between Democrats…”

“I think, though, that one of the gentlemen who spoke for the rule spelled it out as to the difference between Democrats and Republicans, and that is that Republicans just have a difficult time helping poor folks or helping people not wealthy. They just have a propensity to help faceless multinational corporations. Now, you can call it a bonus, you can call it a credit, you can call it a loan, you can call it what you want; but at the end of the day these firms will be receiving billions of dollars out of monies that basically have been paid into the Social Security and the Medicare Trust Fund. That is not deniable. The guideline was supposed to be that it was not supposed to be a permanent fix, but they do have permanent tax remedies that they are selecting. It is outrageous to do something like this when the country is going through a crisis.”