On the recordMay 15, 2014
First, I want to be clear on a couple of points. This idea that there really are not any immediate consequences--I know my friend from Indiana spends a lot of time talking to businesses, as I do, and these businesses are up in arms about the fact that the Senate cannot deal with this because it doesn't give them the certainty and predictability they need to go out and make those orders and hire those workers. As my friend knows, so many of those businesses make quarterly payments--April, June, et cetera. I want my colleagues to understand that the idea that maybe this is going to get worked out at another time is not in anyone's best interest. When you are home for this recess, walking down Main Street and talking to people who are going to pay those higher taxes and are not able to make those investments and hire those workers and make those decisions now, they are not going to be happy that the Senate said: Oh, we will see if maybe it will work out some other time or retroactive or something like that. They are making quarterly payments and decisions right now. Second, the Senator from Indiana knows--because of our work--how much I want to do comprehensive reform. One of the reasons that Senator Hatch and I made the judgment together that we were going to focus on extenders is because these are provisions that have essentially already expired.…





