Political Quotes

“I reserve the right to object. I have a statement to make. Last week, my friend from Indiana and I were last down here discussing this issue. There seemed to be a lot of confusion about the Treasury--or how the Treasury would interpret the net tax revenue provision. There seemed to be a fear that this language would prevent States from cutting any taxes whatsoever. And the good news is that we received some guidance earlier this week from Secretary Yellen that should put those concerns to bed once and for all. Mr. President, I ask unanimous consent to have printed in the Record the letter from Secretary Yellen There being no objection, the material was ordered to be printed in the Record, as follows: Department of the Treasury, Washington, DC, March 23, 2021. Hon. Mark Brnovich, Attorney General, State of Arizona, Phoenix, AZ. Dear Attorney General Brnovich: I write in reply to your March 16, 2021 letter regarding Treasury's implementation of section 9901 of the American Rescue Plan Act (the ``Act''), which provides funds to States, territories, Tribal governments, and localities to help them manage the economic consequences of COVID-19. In the Act, Congress has provided funding to help States manage the public health and economic consequences of COVID- 19 and it has given States considerable flexibility to use that money to address the diverse needs of their communities.…”