On the recordOctober 4, 2017
Madam President, as the ranking Democrat on the Senate Finance Committee, I followed the Senator's comments with respect to taxes and the debate over tax reform with considerable interest. I will just tell you, my goodness, how I wish we could have what the Senator called an uninhibited process with respect to the debate over tax reform. I have written an actual bipartisan tax reform bill with our colleague who is now part of the Trump administration, Senator Coats. Unfortunately, what our colleague laudably called for is not on offer. The Senate majority leader has said that he intends to use reconciliation--the most partisan process for considering tax reform. When we were talking about healthcare, which is one-sixth of the economy, we had the same process--reconciliation, all partisan. Now we are talking about taxes that involve the whole economy, and we are seeing the Senate majority leader say once again that it is his intent, his preference, and his plan to use that same process. I sure wish the world was like my colleague has called for because I have written a bipartisan plan. What is so striking is that the Senate majority leader has called for 20 hours of discussion, which is essentially what you get with reconciliation, as opposed to what happened when Ronald Reagan and a big group of Democrats got together in 1986 and spent a whole month on tax reform.…
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