Political Quotes

“Mr. President, with 150 days until the start of the 2016 Olympics in Rio de Janeiro, I am proud today to introduce S. 2650, the United States Appreciation for Olympians and Paralympians Act. This bill would ensure that America rewards the sacrifice and hard work of Team USA by exempting from Federal tax the medals and cash prizes they win at the Olympics and Paralympics. Our Olympians and Paralympians represent America with distinction because they epitomize our greatest values--determination, hard work and a competitive spirit. These athletes and their families sacrifice years of their lives for the opportunity to represent the United States on the world's greatest stage--the Olympics and Paralympics games. Most countries not only compensate their Olympic and Paralympic athletes, but also subsidize their training expenses with taxpayer dollars. Our athletes make considerable financial sacrifices to train for the Olympics and Paralympics, and as amateurs, receive no compensation for their training. Unfortunately, America's athletes are penalized with a tax burden for the medals and awards they receive at these games. That shouldn't be the case. We should be celebrating their achievements rather than taxing their success. I want to thank Senator Schumer, Senator Gardner, Senator Gillibrand, and Senator Isakson for working with me on this legislation.…”