Political Quotes

On the recordDecember 18, 2017
Madam President, I ask unanimous consent that the letter from Chairman Hatch be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: U.S. Senate, Committee on Finance, Washington, DC, December 18, 2017. Hon. Bob Corker, Washington, DC. Dear Chairman Corker: Thank you for your letter dated yesterday. I am disgusted by press reports that have distorted one particular aspect of the conference agreement on H.R. 1, the Tax Cuts and Jobs Act. The reports have focused on the final version of the 20 percent pass-through deduction, the proposed new Section 199A. As the author of this provision and the vice chairman of the conference committee, I can speak with authority about the process by which the conference committee reached its final position. There are two false assertions contained in these reports, and I would like to correct the record on both. First, some have asserted that a new provision was crafted for real estate developers and was ``airdropped'' into the conference agreement. Second, reports have implied that you had some role in advocating for or negotiating the inclusion of this provision. Both assertions are categorically false. With respect to the second, I am unaware of any attempt by you or your staff to contact anyone on the conference committee regarding this provision or any related policy matter.…
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John Cornyn
Republican · Texas

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