I will ask either Senator, the duration of the amendment to benefit only the steelworkers is for 12 months. I happen to have great respect for the Senator from Maryland and the Senator from West Virginia. I have a feeling that if that 12 months was expiring, that you would be coming for an extension of the 12 months.
Discussing the duration of an amendment related to steelworkers.
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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.
We should not be giving advantages to our international competitors over our U.S.-based companies.
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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