Mr. Chairman, I want to thank you for allowing me to participate in this and I will use my time to ask for unanimous consent...
Jim McDermott
The Public Record
Jim McDermott is a former U.S. Representative from Washington, serving from 1989 to 2017. A member of the Democratic Party, he represented Washington's 7th congressional district. During his tenure, McDermott was known for his advocacy on healthcare issues, social justice, and economic equality. He played a significant role in the passage of the Affordable Care Act and was a vocal critic of the Iraq War. McDermott also served on various committees, including the Ways and Means Committee, where he focused on tax policy and healthcare reform.
I continue to have serious concerns about the effects of recent budget cuts on taxpayers and the agency's ability to serve them.
I commend the Internal Revenue Service for identifying and preventing over $14 billion in fraudulent tax refunds last year.
We are marking time in place while many seniors are being stopped at the door because they are under Medicare.
The trustees just said that accountable CARE Act lengthens the life of Medicare by 8 years.
I have never heard anybody say please, please, go to a voucher system, do away with my defined benefit program.
This provision provides critical tax relief to struggling homeowners that are lucky enough to get their lender to agree to principal reduction.
Certainly, it is a critical component of our Tax Code, and making this hearing on expiring tax provisions is really in my view long overdue because businesses want to know what is going on, and a lot of people want to know.
More than 800,000 Washingtonians alone would be subject to this unequal treatment if the deduction is not extended.
This provision brings tax equity to taxpayers living in states with no income tax.
The funding problem was not excessive benefit outlays that the States were responsible for, but the failure of taxes to bring the trust funds back to previous balances.
The problems that States have had has not been because they increased benefits, but because they reduced the rate that they were charging employers.
What leverage do we have in terms of forcing the States to pay their debts to the Federal Government?
Do you think you would have lost any of them if you did not respond to that request?
I think that must be because they think that there is some inherent value in it, that it is the right thing to do.





