Don Nickles: “This is the same amendment we passed in November. This is an amendment that says we should have 100 percent…”

“This is the same amendment we passed in November. This is an amendment that says we should have 100 percent deductibility for self-employed individuals. Right now they only get 60 percent. This is an amendment that says we should give an above-the-line deduction for individuals so they can deduct health care costs. This is not a big tax cut. This is a tax cut targeted towards small business and people who would have a hard time paying the minimum wage. It also says we should stretch out the minimum wage, instead of doing it over 13 months as proposed by Senator Kennedy. The language we passed will do it over the next 24 months or 28 months.”