On the recordMay 7, 2014
Because they told us January of last year they would be here with a simpler, fairer, lower tax rate, but they can't agree on how to pay for it because they are dominated by lobby groups that want to protect the very complexities and loopholes that plague this tax system--because they couldn't do that and have not done that, they are now back, as the gentleman says, with the first of not one or two but of many provisions to make them permanent, and pay for it with either borrowed money or mandatory cuts. I think that is a serious mistake. Today's bill represents only the first installment of more tax breaks to come that are not paid for or are paid for with mandatory cuts. Surely, we don't need more research today to know that that is the wrong way to go, it is the irresponsible way to go, and it ought to be rejected.
