John Thune actually said...

"Affordable housing is an important issue for each of us in our States across the country."

"We have an opportunity to look at a lot of these tax provisions to make sure that they are working effectively and efficiently."

"The current recovery period of 27.5 years can create a significant lock-in effect for residential housing investment."

"According to CBO, the mandatory base update saves $466 million, and the elimination of generic base acres saves $2.454 billion over 10 years."