Political Quotes

On the recordSeptember 19, 2012
I thank the subcommittee ranking member on the Ways and Means Committee for his leadership, and I thank my friend from Texas, Congressman Johnson, for managing, and the sponsor of this legislation as well. Let me rise in support of what I think is a recognition, a recognition of the sacrifice that families make and those who remain behind after our soldiers fall in battle--a fall pursuant to a service- related injury--and to not have the added burden of having any forgiven debt be included as income to be assessed by the IRS. I believe that this is a fair and important collaborative exercise, a reasonable response to taxation. I hope, as we come together around veterans and this removal of this burden, we can clearly see pathways to address the question of tax reform that responds to working Americans, that protects working Americans, for that is obviously what this family is. They sent a son off to war, or a daughter off to war-- or a mother or father or uncle or aunt, cousins. America is about family. Therefore, now we have the legitimate response that they would not, through some procedural snafu, be burdened by having that forgiven debt be part of the remaining family's income, particularly those who may have cosigned. I know the fallen soldier would not want that to happen. As I stand here, I cannot help make mention as well of the resolution that saluted the fallen in Libya, H. Res. 786.…
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Sheila Jackson Lee
Democratic · Texas

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