Political Quotes

John Glenn: “I oppose Senator Wallop's amendment for several reasons. First, current law requires the IRS to consider the impact that…”

On the recordMarch 10, 1994
I oppose Senator Wallop's amendment for several reasons. First, current law requires the IRS to consider the impact that their interpretative rules will have on small businesses. Congress has, in the past, carefully considered and rejected the application of the Act to interpretative IRS regulations. It should do so again.
Said by
John Glenn
Ohio

Editor's note · Context

Opposing an amendment to the Regulatory Flexibility Act during Senate floor debate.

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Only one final remark. I talked about the number of regulations that could come out this year. I am sure the Senator from Wyoming is aware it takes a year or two for regulations to come out after laws are passed. The regulations coming out…

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