Should not have. That was the breaking of a precedent in every Congress of never mentioning the funding resolution. Mr. President, 1977 was the first time funding was ever raised, and I do not believe it was part of the reorganizing resolution. It did say the minority should get one-third.
Discussing the precedent regarding funding resolutions in Congress.
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Congress passed a bad law called the Windfall Profits Tax. That motivated me to run for Senate more than anything else.
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.
The biggest economic boon to this country has been the explosion of oil and gas activity, primarily because of fracking.
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