There is a great deal to be said for that. I know the Senator has that letter from the Secretary of Defense in 1998. It does conclude by saying: Tax or other incentives for employers might help to ameliorate some of their problems. Any such plan, of course, must compete for resources. . . . We simply have to figure out how we can best utilize it. A tax credit is, in a sense, an expenditure of our money. It is a reduction in the amount of money that would come into the Treasury. If this is the best way to do it, as I know the Senator believes deeply, I will be supportive of it, too.
Pete Sessions: “There is a great deal to be said for that. I know the Senator has that letter from the Secretary of Defense in 1998. It…”
Editor's note · Context
Discussing tax incentives for employers during a Senate floor debate.
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