Political Quotes

“with this tax bill, the Congress is turning in its tax homework 11\1/2\ months late and expects to earn full credit. Tax incentives will last just 2 weeks before families and businesses are thrown back into the dark with respect to the taxes they owe. The legislation accomplishes nothing for 2015. The debate takes place against the backdrop of positive economic news, showing that unemployment is down and wages are up--just the kind of news the Congress ought to build on by providing certainty and predictability for families and businesses. Instead, the Congress is about to pass a tax bill that doesn't have the shelf life of a carton of eggs. Of course, we have the power to enshrine tax provisions for any length of time we choose. What the Congress can't do is travel back through time. The Congress can pass this $41 billion bill, but it cannot change anything taxpayers did 6, 8 or 10 months ago. Those decisions have been made. The only new effects of this legislation apply to the next 2 weeks. That is not enough time for the key provisions; for example, putting a dent in veterans unemployment, to start a clean energy project, to hire new workers or to help a student who is on the fence about whether to enroll in college next semester. Particularly important is this bill drops the health coverage tax credit, yanking away an economic lifeline that working-class Americans were counting on this April 15.…”