Don Nickles: “If it is a refundable credit, we have now turned a tax cut into a spending bill, I would assume spending billions of…”

“If it is a refundable credit, we have now turned a tax cut into a spending bill, I would assume spending billions of dollars. Again, we haven't had a chance to review the amendment. We haven't had it scored. We will review it. We will find out if a point of order lies against it. I happen to think that one does. We will find out when the chairman of the Budget Committee makes that decision tomorrow. If it is a refundable tax credit, it is a spending bill. This is a way for Uncle Sam to be writing checks. This is a way for us to be spending more money. I question the wisdom of doing that, especially without a chance to review it and consider it.”