On the recordMay 14, 2014
Thank you, Madam President. I rise to talk about the legislation we are considering, the so-called EXPIRE Act, and we want to make sure that as we are focusing on the policy--and I will get to that in a moment--we highlight for emphasis that this was a measure that came out of the Senate Finance Committee in a bipartisan fashion. In fact, it was unanimous coming out of the committee. We had a good discussion and debate about various tax provisions that we wanted to extend for 2 more years, and because of that there was a great interest in the subject matter. Rarely have we seen the kind of bipartisan support that we have seen in the committee for these tax provisions, and I think that bipartisanship will continue as we move forward with the legislation on the floor. The bill came out of our committee recently and it does enjoy bipartisan support. I wish to concentrate on the small business provision. As you know, if you went down the list of these extensions of tax provisions generically known as tax extenders, you could cover a huge array of subjects by virtue of the whole bill. I am going to focus for a couple minutes on the small business provisions. We often hear from small business owners--and I hear it all the time in Pennsylvania and I am sure others hear it in their home States as well--about the lack of certainty. Frequently, business owners say they don't have certainty about where their business will go next because of what Washington has not been getting done.…





