We are told this bill is fully paid for and is fiscally responsible. But how many times have we seen this same tax break on the floor supposedly paying for another bill? Is it the second time, third time? I don't mind double-counting, but there is something offensive about triple-counting. I think that is what got Enron in trouble in the first place. Today we are using this as an excuse to raise taxes and cut jobs and cut energy production here. It is not fiscally responsible. And by the way, the tax on SUVs is not Hummers. It is above $15,300, and that is a lot of Explorers and a lot of small business vehicles.
Kevin Brady: “We are told this bill is fully paid for and is fiscally responsible. But how many times have we seen this same tax break…”
On the recordAugust 4, 2007
Source
govinfo.govEditor's note · Context
Discussing concerns over a tax bill's fiscal responsibility and its impact on jobs and energy production.
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