It is 46 percent over the 6-year period. You have a 6- year bill. The bill that just expired, TEA-21, was $218 billion over 1998-2003. This new bill will be a total of, for contract authority, $308 billion; total budget authority would be $318 billion.
Discussing funding levels in transportation legislation during a floor speech.
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More from Don Nickles
We should not be giving advantages to our international competitors over our U.S.-based companies.
Law makers must carefully distinguish between the need for tax credits which may operate as subsidies, compared to more favored tax deductions which are expensed as part of ordinary business operations.
I do not defend 199, period. I think Congress--when you are rewriting the tax code, you should have a uniform corporate rate, not a lower rate for manufacturing.
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