Don Nickles: “I personally haven't agreed with the process under which we are considering this bill. I compliment the managers for…”

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.

We should not be giving advantages to our international competitors over our U.S.-based companies.

I could not disagree with you more.

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.