First off, I say to my friend from Georgia, this amendment is silent on the question of 1995. It does not protect 1995 at all. It does not even attempt to protect 1995 at all. So defense would be subject, in 1995, to taking those chances with everything else.
Discussing the implications of an amendment related to defense funding for the year 1995.
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Is the Senator from Indiana trying to represent that this is a refundable tax credit to people who make under $16,000 a year?
Yes indeed, Madam President. That would be my view also. The ``relation back'' provision merely relates to determining when a security interest in a motor vehicle is perfected in accordance with State law. Clarifying that ``relation back''…
As I understand the way this tax credit works, or child-care credit works, if a family is making $1 million a year they would get the same tax credit per child as a family making $30,000 a year. Is that correct?
But it is true, is it not, that a family of four making $16,000 a year gets no tax credit under this Republican proposal that the Senator from Indiana is lauding today? Is that not correct?
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