I thank my colleague from Michigan for yielding. I just want to note for the record that the majority leader did not challenge my point that, if this bill passes, it will, in fact, increase taxes on the middle class.

If you will continue with me under my time, would you then suggest that we now do that for other areas of the Code not pertaining to the lower class or the poor in this country? I'm not suggesting we do that. I'm talking specifically of…

I thank the gentleman from Michigan once again. It's been said on the floor, once again, this bill has bipartisan support. I don't doubt that it probably will at the end of the day, but somehow that's the magic formula for doing the right…

I appreciate it. And in friendship, while the gentleman is a fair Member of the other side of the aisle, we work very well together on a number of issues. You make out the point about $64,000 a year as being--I won't say wealthy.

Are you also going to make that same suggestion that we change the adjusted gross income for eligibility for the purposes of IRA contributions?

I understand that. We're talking about tax credits for health care. You don't want to make certain individuals eligible for those tax credits; isn't that correct? Your attempt here is to not make certain people who under the Affordable…

I thank my friend from Michigan and the ranking member of the Committee on Ways and Means for yielding me this time. Mr. Speaker, I rise in opposition to this bill. As we look at this redefinition of terms under the Affordable Care Act…

I would like to engage in a colloquy with the gentlelady. You suggested this change of MAGI as it pertains to tax credits that are eligible to the middle class under the Affordable Care Act; is that correct?

I was just suggesting, in my district in Queens, New York, or in the Bronx, $64,000 doesn't get you very far. It just doesn't.

My question is either ``yes'' or ``no.'' You can answer your way, but it's a simple question. Under the Affordable Care Act, would the people who can receive tax credits today be denied those tax credits if your bill were to pass today?

Last year in their report, very specific about what was recommended to the Congress to do in responding to the currency problem.

Now it is the House's turn to act by once again passing its bill, the Currency Reform for Fair Trade Act.