My good friend from Massachusetts covered a lot of ground. I am not going to try to deal with every single issue that he raised in my response. But let me point out a couple of facts. First, my friend is concerned about the deficit, and I appreciate that. But this is a rather new, novel idea for Democrats. When the Republican majority actually took power, the deficit was $1.4 trillion a year. It is under $500 billion, which is still way too high. But this majority has taken deficits extremely seriously and has lowered them every year. Second, my friend is worried about the cost of these tax cuts. That is amazing to me because when they were in the majority, they routinely extended these same tax credits without paying for them year after year after year. So the sudden conversion to paying for tax cuts is new and remarkable and probably worth some consideration. Third, my friend is worried about this coming to the floor under a closed rule. Frankly, tax legislation always comes to the floor under a closed rule. It is pretty hard to make calculations otherwise. And that was true with Democrats. It is true with Republicans. In this particular case, I am informed that the minority was offered a chance to submit an alternative proposal in the form of an amendment and chose not to exercise that right. That is certainly their right. But if they wanted an alternative, it could have been made in order. They chose not to do that.…
On the recordFebruary 12, 2015
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