Political Quotes

“Mr. President, I thank my colleague from Oregon. I would like him to know that I will only take about 5 minutes because I want to make sure my colleagues can speak during this period. I am rising now to ask the senior Senator from Texas to come and explain his amendment that has been incorporated in the package. This, I believe, earlier was his amendment No. 1715, and we are hearing that 1712 was included as well. This is something that might be characterized as the Wall Street welfare amendment. We are not sure exactly how it works. We are not sure exactly how much it costs. But that is not the point. If you are going to stick something into the underlying bill to benefit very powerful groups like Apollo and Carlisle and Blackstone, you don't just airdrop it in at the last second, this provision for the most powerful. Come to the floor, lay out the details, and defend your amendment and why it should be included in this bill. Our basic understanding is that it enables publicly traded partnerships to be able to have their funds pass through so there is no corporate tax since they benefit from a lower rate for those passthroughs. But we have only had a few seconds to look at it. What does it really do? What does it really cost? I ask the Senator to come to the floor and explain all of the details. The American people have a right to know what you are sticking in this bill. Explain your Wall Street welfare amendment and why we should support it or not.…”