| 00:01:16 |
Baucus, Max - U.S. Senator, [D] Montana
EIGHT OR NINE WILL TALK, ASK QUESTIONS AND WE'LL HAVE TO WAIT UNTIL WE HAVE 13 TO CONSIDER AMENDMENTS. WE HAVE ONE, TWO, THREE, FOUR, FIVE, SIX, SEVEN,...
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| 00:02:59 |
Wyden, Ronald "Ron" Lee - U.S. Senator, [D] Oregon
CHAIRMAN, YOUR TAX REFORM HEARINGS IN MY VIEW HAVE BEEN VERY VALUABLE. WE HAD A GOOD ONE YESTERDAY ON THE BUSINESS CREDITS AND WHAT IT HIGHLIGHTS IS...
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| 00:05:28 |
Hatch, Orrin - U.S. Senator, [R] Utah
THINK WE SHOULD TAKE TWO STEPS BACK FROM WHAT WE'VE ALREADY ACCOMPLISHED. DO WE REALLY WANT TO CONTINUE PROVIDING A BENEFIT PURCHASING ELECTRIC MOTORCYCLES?...
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| 00:07:14 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
THAT AND THESE ARE VEHICLES WE'RE TALKING ABOUT THAT ARE PRODUCED IN THIS COUNTRY. WE NEED TO GROW THAT INDUSTRY. WE NEED TO INCREASE AND SUPPORT THE...
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| 00:07:50 |
Stabenow, Debbie - U.S. Senator, [D] Michigan
TO HAVE TAX APPROXIMATELY SEE THAT TAKES OUR JOBS OVERSEAS AND THIS IS ONE THAT IS HERE AND IS APPROPRIATE TO SUPPORT. >> THANK YOU, SENATORS. ANY OTHER...
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| 00:08:12 |
Wyden, Ronald "Ron" Lee - U.S. Senator, [D] Oregon
COLLEAGUE, FORMER SENATOR GREGG AND SENATOR COATES. THIS IS $15 MILLION OVER TWO YEARS. $15 MILLION OVER TWO YEARS. THOUSANDS OF JOBS ON THE LINE AND...
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| 00:08:49 |
Baucus, Max - U.S. Senator, [D] Montana
THAT THE MODIFICATION TO GET RID OF GOLF CARTS WHICH I THINK MAKES GOOD SENSE AND I URGE ADOPTION. ALL OF THOSE IN FAVOR. AYE. THOSE OPPOSED, NO. >>...
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| 00:09:22 |
Kyl, Jon - U.S. Senator, [R] Arizona
THE DIESEL MIXTURE CREDIT, THE ALTERNATIVE FUEL CREDIT AND THE ALTERNATIVE FUEL MIXTURE CREDIT. THE REASON FOR THIS IS THAT IRS HAS HAD A VERY DIFFICULT...
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| 00:12:00 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
ABUSES THAT THE SENATOR ASSERTED TO, BUT AS I UNDERSTAND IT NOW, IT ORIGINALLY PROPOSED, HE WAS SAYING WE SHOULD ELIMINATE THE REFUNDABLE ASPECT OF...
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| 00:13:17 |
Kyl, Jon - U.S. Senator, [R] Arizona
DOWN IN IRS REFER TO IT AS CHOCOLATE WATER, AND WHAT IRS HAS DONE IS TO LIMIT THE APPLICATION OF THE CREDIT TO SITUATIONS WHERE THE FUEL IS ACTUALLY...
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| 00:15:36 |
Wyden, Ronald "Ron" Lee - U.S. Senator, [D] Oregon
REAL MONEY AND THAT IT SEEMS TO ME TO BE A SUPPORTABLE AMENDMENT, AND AGAIN, I'M NOT KNOCKING BLACK LIQUOR, BUT WHAT HAPPENED THERE, AS I UNDERSTAND
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| 00:15:50 |
Kyl, Jon - U.S. Senator, [R] Arizona
IT, QUANTIFIED IN THE MAYBE HUNDREDS OF MILLIONS OF DOLLARS AND END UP BEING 26 BILLION WHEN CBO FINALLY SCORED IT. I THANK MY COLLEAGUE. ANY FURTHER...
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| 00:16:17 |
Baucus, Max - U.S. Senator, [D] Montana
SENATORS, THAT I'M TOLD WANT TO PUSH THROUGH AMENDMENTS AND SOME DON'T. LET ME GO DOWN THE LIST. THE SECOND ON THE LIST IS SENATOR BINGAMAN, BUT HE'S...
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| 00:16:48 |
Conrad, Kent - U.S. Senator, [D] North Dakota
THAT YOU'D RULE IT OUT OF SCOPE FOR TODAY'S MARKUP, BUT I DO WANT TO INDICATE THAT THIS INVOLVES SECTION 45Q WHICH IS A PROVISION TO PROVIDE AN INCENTIVE...
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| 00:20:25 |
Baucus, Max - U.S. Senator, [D] Montana
ENERGY SECURITY. WE ALL HAVE DEVELOPMENTS IN OUR COUNTRY WITH FRACKIING, FOR EXAMPLE, WITH NATURAL GAS AND OIL AND IT'S A BIG SUCCESS STORY. A LOT...
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| 00:21:36 |
Conrad, Kent - U.S. Senator, [D] North Dakota
HELP US IN THE COST WITH ANY ADDITIONAL TAXPAYER FUNDS. >> THANK YOU. ANY FURTHER DISCUSSION? ALL
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| 00:21:47 |
Baucus, Max - U.S. Senator, [D] Montana
RIGHT. SENATOR ENZI, DO YOU WANT TO SPEAK TO YOUR AMENDMENT? >> THANK YOU, MR. CHAIRMAN. I WOULD LIKE UNANIMOUS CONSENT THAT THE SENATOR BE ADDED
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| 00:21:58 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
TO THE AMENDMENT. >> WITHOUT OBJECTION. >> ON THIS AMENDMENT YOU HAD THE PARTNERSHIPS PROLIFERATED OVER THE LAST 15 YEARS AND THERE HAVE BEEN A NUMBER...
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| 00:23:38 |
Baucus, Max - U.S. Senator, [D] Montana
SENATOR COBURN IS A CPA, TOO. I DEEPLY APPRECIATE YOUR KNOWLEDGE AND APPROVE ANY TAX REFORM LEGISLATION WE ENACT IN THE FUTURE, BUT THANK YOU VERY...
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| 00:24:15 |
Conrad, Kent - U.S. Senator, [D] North Dakota
FOR PASS-THROUGH ENTITIES COMES AFTER THE FILING DEADLINE FOR CORPORATIONS AND THE CORPORATIONS INVOLVED IN PARTNERSHIPS CAN'T FILE THEIR RETURNS. THEY'RE...
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| 00:25:26 |
Wyden, Ronald "Ron" Lee - U.S. Senator, [D] Oregon
TIMES. SO CHAIRMAN BAUCUS TALKED ABOUT SIMPLIFICATION YESTERDAY ON THE BUSINESS SIDE. I SUPPORT WHAT YOU'RE TALKING ABOUT, CHAIRMAN BAUCUS AND I SUPPORT...
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| 00:25:40 |
Baucus, Max - U.S. Senator, [D] Montana
ABOUT HOW MORE COMPLEX THE BUSINESS ORGANIZATIONS ARE WITH THE PASS-THROUGHS AND PARTLY CORPORATE REFORM AND CORPORATION PASS-THROUGHS. IT'S ONES...
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| 00:26:27 |
Schumer, Charles E. - U.S. Senator, [D] New York
FOR CO-SPONSORING THIS AMENDMENT. WE ALL CARE REGARDLESS OF OUR PARTY, IDEOLOGY, THE GEOGRAPHIC REGION ABOUT THE FUTURE OF THIS COUNTRY, AND I THINK...
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| 00:33:35 |
Cardin, Benjamin "Ben" L. - U.S. Senator, [D] Maryland
OR NOT. CHILDREN ARE GRADUATING FROM COLLEGE WITH SO MUCH DEBT THEY CAN'T GO INTO THE FIELDS THAT THEY CAN BEST SERVE THEIR OWN DESIRES AND OUR NATION....
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| 00:34:44 |
Hatch, Orrin - U.S. Senator, [R] Utah
THE PROBLEMS THAT WE HAVE IN THIS COUNTRY RIGHT NOW AND IT'S A SERIOUS PROBLEM IS THAT WE SAY COLLEGE TUITION AND COLLEGE COSTS GO UP AND UP AND UP AND...
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| 00:37:50 |
Rockefeller, John "Jay" D. IV - U.S. Senator, [D] West Virginia
THAT'S RIGHT. >> AND THEN SECONDLY, I GET THE FEELING I GUESS WE HAVE TO COMPLETELY REORGANIZE EDUCATION BEFORE WE CAN ALLOW STUDENTS TO TAKE ADVANTAGE...
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| 00:38:41 |
Kerry, John F. - U.S. Senator, [D] Massachusetts
YOU LOOK AT STATE COSTS OF TUITION ACROSS THE COUNTRY, 25, 30, $20,000, 15 IN SOME PLACES, LUCKY FEW. YOU GO TO ANY OF THE LARGER, BETTER-KNOWN UNIVERSITIES...
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| 00:42:36 |
Thune, John R. - U.S. Senator, [R] South Dakota
CAN TO MAKE COLLEGE EDUCATION AFFORDABLE. IT IS A VALID ONE AND MAYBE IT CAN BE FIXED, BUT THIS IS THE INSPECTOR GENERAL'S REPORT FROM THE TREASURY...
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| 00:44:04 |
Kerry, John F. - U.S. Senator, [D] Massachusetts
CLEAR, WE SAT IN A MEETING WITH YOU AND WITH OTHER SENATORS AND MADE IT CRYSTAL CLEAR THAT WE ALL ACCEPT THE REPORT THAT WE BELIEVE THAT THAT HAS TO...
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| 00:45:10 |
Thune, John R. - U.S. Senator, [R] South Dakota
SIDE IN THIS DISCUSSION, THE SENATOR FROM NEW YORK, I THINK, DID NOT CONCEDE THE FRAUD ISSUE AND THE FRAUD ISSUE IS WELL UP DOED AND I'M JUST POINTING...
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| 00:45:26 |
Schumer, Charles E. - U.S. Senator, [D] New York
IS MISREPORTING BY UNIVERSITIES AND NOT FRAUD BY THE PEOPLE APPLYING AND I WOULD SAY I'D REITERATE WHAT -- WHAT SENATOR KERRY SAID. WE WANT TO WORK...
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| 00:47:10 |
Kerry, John F. - U.S. Senator, [D] Massachusetts
RETURNS PREPARED BY A TAX RETURN PREPARER EXCEEDED 16 BILLION. THE LION SHARE OF THAT CAME FROM A SO-CALLED PROFESSIONAL WHO FILLED THIS OUT ON BEHALF...
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| 00:47:45 |
Baucus, Max - U.S. Senator, [D] Montana
IS KEY, A CENTRAL COMPONENT AS HAS BEEN STATED HERE. I THINK THIS ISSUE -- I STRONGLY SUPPORT THE EFFORTS BY THE SENATOR OF NEW YORK. I'LL WORK TO TRY...
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| 00:51:48 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
OVER TEN YEARS. THERE ARE MULTIPLE, DOMESTIC MANUFACTURERS OF APPLIANCES IN OUR COUNTRY AND THERE ARE ALSO A GREAT MANY MORE TO THE OUTSIDE OF THE...
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| 00:56:38 |
Stabenow, Debbie - U.S. Senator, [D] Michigan
ON HOW FAR YOU EXCEED THE ENERGY EFFICIENCY STANDARDS, AND THIS IS VERY MUCH ABOUT TWO THINGS, WHETHER OR NOT WE'RE GOING TO KEEP THAT BUSINESS, THE...
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| 00:58:46 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
EVERYWHERE. LET'S JUST SUBSIDIZE EVERYWHERE. I CAN MAKE THAT CASE IN 12 OR 15 OTHER INDUSTRIES. WHY DON'T THEY HAVE THIS? IN OTHER WORDS, WE CANNOT...
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| 01:00:36 |
Stabenow, Debbie - U.S. Senator, [D] Michigan
ECONOMY. OUR COMPANIES ARE COMPETING WITH COUNTRIES. IF WE HAVE IN FACT A SET OF POLICIES THAT WILL HELP US AROUND HIGH ENERGY, ENERGY OWE FISHT...
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| 01:02:38 |
Kyl, Jon - U.S. Senator, [R] Arizona
FUTURE IF IS WHAT SHE MEANS IS WE'LL HAVE TO SUBSIDIZE MANUFACTURING IN THIS COUNTRY. IF THAT'S THE FUTURE OF OUR COUNTRY. SECONDLY, IT IS NOT LIKE CONSUMERS...
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| 01:04:11 |
Kerry, John F. - U.S. Senator, [D] Massachusetts
PUBLIC POLICY MAKE CHOICES THIS MARKETPLACE DOESN'T FUNCTION AS EFFECTIVELY AS YOU WOULD LIKE IT TO IN TERMS OF THAT PUBLIC POLICY. SO THERE ARE ANY...
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| 01:07:15 |
Burr, Richard - U.S. Senator, [R] North Carolina
INCREDIBLY MORE EXPENSIVE. NOTHING THAT WE DO IN THIS ACT IS AN INCENTIVE TO THE CONSUMER TO PURCHASE THIS. I JUST WENT THROUGH THE EXPERIENCE. NOW,...
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| 01:08:30 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
FOR SAVING 6 BILLION. HERE IS ONE THAT DOESN'T MAKE SENSE WHEN YOU LOOK AT THE DOLLARS VERSUS THE BENEFIT. WHERE IS THE COST BENEFIT AND THE ENERGY SAVINGS...
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| 01:11:09 |
Baucus, Max - U.S. Senator, [D] Montana
MR. CHAIRMAN. I REALIZE THAT THIS AMENDMENT IS OUT OF SCOPE. I DO WANT TO RAISE IT AS WE GO FORWARD TO THE END OF THE YEAR AND IT CONTINUES OUR DISCUSSION...
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| 01:11:26 |
Stabenow, Debbie - U.S. Senator, [D] Michigan
A REVIVAL OF AMERICAN MANUFACTURING IN JOBS EVERY MONTH. SOMETIMES IN AS WE LOOK AT THE ECONOMY IT IS THE ONLY THING THAT'S BEEN MOVING UP A LITTLE BIT...
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| 01:13:56 |
Schumer, Charles E. - U.S. Senator, [D] New York
IMPORTANT. WE NEED TO GET IT EXTENDED THIS YEAR AND SENATOR STABENOW POINTED OUT WE NEED TO MAKE THIS DONE. I HAVE ONE IMPORTANT MODIFICATION OF...
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| 01:15:35 |
Baucus, Max - U.S. Senator, [D] Montana
IS WITHDRAWN. NEXT ON MY LIST IS NUMBER 9, EXTEND SECTION 45, ENERGY PRODUCTION TAX CREDITS. INVESTMENT TAX CREDIT OPTION. >> MR. CHAIRMAN, GIVEN THE...
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| 01:16:27 |
Thune, John R. - U.S. Senator, [R] South Dakota
WITH THE CHAIRMAN HAS BEEN MODIFIED. FROM ITS ORIGINAL FORM. THE FIRST POINT OF THE AMENDMENT IS IT WOULD EXPRESS THE SENSE THAT COMPREHENSIVE TAX REFORM...
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| 01:18:45 |
Hatch, Orrin - U.S. Senator, [R] Utah
DO ON TAX REFORM. HE MADE A VERY GOOD CASE AND I HOPE THAT ONCE WE PASS THIS BILL THAT -- I THINK THIS BILL IS A STEP IN THE RIGHT DIRECTION TOWARDS...
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| 01:20:31 |
Carper, Thomas "Tom" R. - U.S. Senator, [D] Delaware
BEFORE IS IF ALL WE DO IS HAVE PRODUCTION TAX CREDITS FOR OFFSHORE WIND, WE'RE NOT GOING TO BUILD AN OFFSHORE WINDMILL FARM. IT COSTS A BIG DEAL MORE...
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| 01:22:35 |
Snowe, Olympia J. - U.S. Senator, [R] Maine
ON THIS ISSUE. I THINK IT IS A WHOLE NEW DIMENSION IN DEVELOPING ALTERNATIVE ENERGY AND CERTAINLY OCCURRING OFFER THE COAST OF MAINE BUT IT IS SOMETHING...
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| 01:23:28 |
Baucus, Max - U.S. Senator, [D] Montana
TO BE NUMBER 16 STABENOW THREE. >> THANK YOU VERY MUCH. MR. CHAIRMAN, IF I MIGHT AT THIS MOMENT JUST BECAUSE OF THE FACT THAT I WILL NEED TO
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| 01:23:39 |
Stabenow, Debbie - U.S. Senator, [D] Michigan
LEAVE MOMENTARILY TO SPEAK ABOUT A MICHIGAN JUDGE BEING CONSIDERED ON THE FLOOR, IF IT WOULD BE AGREEABLE TO YOU FOR ME TO SPEAK ABOUT NUMBER 20....
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| 01:26:04 |
Baucus, Max - U.S. Senator, [D] Montana
DEPRECIATION PROVISIONS. THAT'S WHY IT IS SO IMPORTANT. I DEEPLY APPRECIATE THE WAY IN WHICH THE SENATOR HAS RAISED THIS SUBJECT AS WE KEEP TALKING...
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| 01:27:19 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
IS SO THAT WE CAN FILL A LOOPHOLE THAT WAS CREATED BY A DECISION IN 1992 WHEN THE SUPREME COURT CHALLENGED THIS TO BRING SOME MARKETPLACE FAIRNESS...
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| 01:29:03 |
Baucus, Max - U.S. Senator, [D] Montana
SUBJECT. THANK YOU. I WONDER, SENATOR CAMPBELL, IF YOU MIGHT BE WILLING TO OFFER YOUR HOUSING. >> THANK YOU, MR. CHAIRMAN. I WANT TO THANK SENATOR SNOWE...
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| 01:29:29 |
Cantwell, Maria - U.S. Senator, [D] Washington
BE USED UNTIL THIS PROGRAM EXPIRES IN 2013. THIS IS AN IMPORTANT AMENDMENT THAT WE BELIEVE SHOULD BE INCORPORATED INTO THIS FAMILY BUSINESS TAX CERTAINTY...
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| 01:31:01 |
Snowe, Olympia J. - U.S. Senator, [R] Maine
CREDIT. IT CERTAINLY ALLOWS THE FEDERAL GOVERNMENT TO PROVIDE FUNDS TO THE CONSTRUCTION OF NEW RENTAL HOUSING, TO THE ACQUISITION OF REHABILITATION...
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| 01:33:56 |
Baucus, Max - U.S. Senator, [D] Montana
YOU. ALL IN FAVOR SAY AYE. >> AYE. >> THOSE OPPOSED NO. AYES HAVE IT. AMENDMENT AGREED TO. NEXT, DO YOU HAVE ANOTHER AMENDMENT? >> I DO. MR. CHAIRMAN,...
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| 01:34:25 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
CREDIT, AND I UNDERSTAND THAT WE ARE GOING TO APPROACH ALL OF THIS PROBABLY AT A LATER TIME, BUT LET ME GIVE YOU SOME FINANCIAL NUMBERS RIGHT NOW....
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| 01:37:30 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
ON THE BASIS AND SENATOR THUNE HAD EARLIER PROPOSED HIS AMENDMENT ON COMPREHENSIVE TAX REFORM WHICH I THOUGHT WAS APPROPRIATE. WE ADOPTED THAT. IT...
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| 01:39:12 |
Baucus, Max - U.S. Senator, [D] Montana
IF WE COULD WRAP THIS UP BY THAT VOTE. >> I WILL KEEP MY COMMENTS BRIEF. THERE HAS BEEN A HUGE CHANGE IN WIND ENERGY AND THAT IS THE FACT THAT IT HAS
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| 01:39:24 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
TO BE SUPPLEMENTED WITH NATURAL GAS SO THAT THERE IS PRODUCTION WHEN THE WIND IS NOT BLOWING, AND I THINK THAT THE WIND DEVELOPERS HAVE SUGGESTED...
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| 01:42:08 |
Baucus, Max - U.S. Senator, [D] Montana
MENENDEZ. >> THANK YOU, MR. CHAIRMAN. MR. CHAIRMAN, I WOULD LIKE TO SPEAK BRIEFLY ABOUT MY AMENDMENT WHICH I THINK IS LISTED ON YOUR ORDER HERE AS NUMBER...
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| 01:42:28 |
Menendez, Robert "Bob" - U.S. Senator, [D] New Jersey
SUPPORT THE ESSENTIAL GOVERNMENT OPERATIONS IN THE VIRGIN ISLANDS, UNITED STATES VIRGIN ISLANDS OF PUERTO RICO. TODAY THERE IS AN EXCISE TAX PRODUCED...
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| 01:44:14 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
LIKE THE ONE HE DESCRIBED ARE SIPHONING OFF REVENUES THAT ARE NEEDED BY THESE TERRITORIES TO FUND PUBLIC SERVICES AND THEY SET A TERRIBLE PRECEDENT...
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| 01:45:25 |
Baucus, Max - U.S. Senator, [D] Montana
RESOLVED. WE HAVE TO FIND SOMETHING TO REFORM THE PROGRAM. DO PLEDGE TO WORK WITH YOU, SENATOR MENENDEZ TO FIND A SOLUTION. I WANT TO ASSURE MY...
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| 01:46:12 |
Menendez, Robert "Bob" - U.S. Senator, [D] New Jersey
THE TERRITORIES THAT IN ESSENCE HAVE A TRANSFER OF PAYMENTS GOING TO A PRIVATE SECTOR ENTITY IN WHICH YOU PAID $2 MILLION PER JOB PER YEAR AND THAT'S...
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| 01:47:02 |
Baucus, Max - U.S. Senator, [D] Montana
WHICH? >> SNOWE 32. >> SNOWE 32. >> THANK YOU. THANK YOU, MR. CHAIRMAN. I AM NOT GOING TO CALL FOR A VOTE. I JUST WANT TO BRING IT UP FOR A MATTER...
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| 01:47:17 |
Snowe, Olympia J. - U.S. Senator, [R] Maine
REMARK INCLUDES AN EXTENSION OF THE 25 KRST C TAX CREDIT AT THE REDUCED LEVELS, 10% TAX CREDIT PROVIDING 10% OF THE COSTS UP TO $500, AND I JUST HAVE...
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| 01:52:55 |
Baucus, Max - U.S. Senator, [D] Montana
AGREE WITH YOU, SENATOR. THIS PROVISION HAS TO BE MODIFIED AND SENATOR BINGHAM, TOO, BOTH OF YOU WORKING TOGETHER TO BRING MORE REASON TO THE ENERGY...
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| 01:53:59 |
Roberts, Pat - U.S. Senator, [R] Kansas
AT THE END OF THIS YEAR 2013. THIS IMPORTANT TAX CREDIT HELPS AGRICULTURE BUSINESSES SECURE FACILITIES WHERE AGRICULTURE PESTICIDES AND FERTILIZERS...
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| 01:57:09 |
Schumer, Charles E. - U.S. Senator, [D] New York
SENATORS RUBE YO AND MYSELF SO IT'S VERY BIPARTISAN AND IT'S ONE OF THE BEST LEGISLATIVE PROPOSALS PUT ON THE TABLE FOR START-UP COMPANIES AND WE DID...
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| 01:58:21 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
THAT HAVE ONLY $1 BILLION IN SALES AND WE'RE TALKING ABOUT THE COMPANIES THAT ARE START-UP, THAT ARE DOING A LOT OF RND BUT DON'T HAVE ANY TAXES TO TAKE...
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| 01:59:07 |
Baucus, Max - U.S. Senator, [D] Montana
THOUGH. BUT MAYBE AS DIFFICULT. >> SENATOR ENZI? >> YES, I DO -- AND AGAIN, I'M GOING WITHDRAW THIS ONE. >> BEFORE YOU PROCEED, AND LEADERS INDICATE...
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| 01:59:52 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
EARLIER MENTION ABOUT BLACK DIESEL CARBON. OF COURSE, THE COAL THAT'S CONVERTED TO DIESEL THAT DOESN'T HAVE SULFUR IN IT HELPS TO ELIMINATE THAT...
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| 02:00:37 |
Baucus, Max - U.S. Senator, [D] Montana
THAT. AND UNLESS THERE ARE NO OTHER AMENDMENTS. WE HAVE TO HEAR FROM SENATOR KOBE URN MAY HAVE ADDITIONAL AMENDMENTS AND THERE ARE NO OTHER AMENDMENTS...
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| 02:01:29 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
RIBS, MACARONI AND CHEESE AND PECAN PIE THAT OUR GOOD FRIEND JOHNNY ISAACSON IS PROVIDING TO ALL SENATORS OVER IN THE CAUCUS ROOM. >> I GUESS THAT'S...
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| 02:01:56 |
Snowe, Olympia J. - U.S. Senator, [R] Maine
AN ATTEMPT TO INCORPORATE IT INTO THE OVERALL LEGISLATION, BUT IT WAS REGARDING ALLOWING SELF-EMPLOYED SMALL BUSINESS OWNERS TO DEDUCT THE COST OF HEALTH...
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| 02:03:28 |
Cardin, Benjamin "Ben" L. - U.S. Senator, [D] Maryland
SPEAK ABOUT IT TO POINT OUT THE URGENCY OF BEING NEUTRAL AS TO WHERE SALES TAKES PLACE FOR THE COLLECTION OF OUR TAXES. I KNOW IN MARYLAND, WE LOSE...
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| 02:04:19 |
Baucus, Max - U.S. Senator, [D] Montana
I DO EXPECT THAT FOR HIM. I'M INFORMED THERE WILL BE A SUFFICIENT NUMBER OF SENATORS. >> I'M JUST WONDERING IF WE SHOULD GO VOTE AND COME BACK. >>...
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| 02:04:37 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
SERVED AND WALKED OUT, SO I JUST THOUGHT I WOULD MENTION THAT. >> I THINK WE SHOULD -- THAT'S OUR REWARD. WHILE WE'RE WAITING FOR SENATOR COBURN, I...
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| 02:05:09 |
Baucus, Max - U.S. Senator, [D] Montana
THE PRELIMINARIES AND IT'S ULTIMATELY WHAT'S SAID ABOUT THIS. >> IT'S MY AMENDMENT NUMBER 43. 43. >> AS MANY OF YOU KNOW, WE DEVELOPED THE USASPENDING.GOV...
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| 02:05:30 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
CREDITS INCLUDED ON THIS. THIS IS COMPANIES ONLY SO THEY CAN SEE EVERY AREA WHERE WE'RE SPENDING MONEY. IT'S JR. SIMPLE AND IT SAYS IF WE'RE GRANTING...
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| 02:06:37 |
Bingaman, Jeff - U.S. Senator, [D] New Mexico
ACCELERATED DEPRECIATION? >> ANYTHING -- IT'S MY INTENT THAT THIS WOULD APPLY TO ANYTHING IN THIS BILL. SO EVERY CORPORATION THAT TAKES ADVANTAGE OF...
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| 02:07:33 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
I THINK THAT WOULD BE IDEAL. I CAN'T DO THAT, BUT IN THIS BILL, WE'RE TALKING MAINLY ABOUT TAX CREDITS AND SO THE IDEA IS ADD THAT TO IT BECAUSE OF THE...
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| 02:08:11 |
Baucus, Max - U.S. Senator, [D] Montana
PASS-THROUGH CREDITS AND WITHOUT EVER GAINING THE QUESTION OF STARTING TO ENCROACH UPON A PRETTY STRONG PRINCIPLE IN THIS COUNTRY THAT TAXPAYER INFORMATION...
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| 02:08:41 |
McMahon, Emily - Assistant Secretary
AN OFFICIAL VIEW ON THIS AMENDMENT. I'M NOT ASKING THAT QUESTION. I'M ASKING ABOUT THIS -- >> I SUSPECT THAT YOU ARE CORRECT AND IT WOULD BE SOMEWHAT...
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| 02:09:51 |
Cantwell, Maria - U.S. Senator, [D] Washington
WHAT THEY'RE SPENDING ON RND. THAT WOULD BECOME PUBLIC INFORMATION, IS THAT RIGHT? >> THAT'S MY UNDERSTANDING, YES. >> WHICH BEGS THE POINT IS WE HAVE...
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| 02:10:11 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
WANT TRANSPARENCY AS LONG AS IT'S APPROPRIATE, BUT WHEN IT COMES TO THE SPENDING THAT WE DO WITH THE TAX CUT, WE'RE NOT SO SURE. I WOULD WONDER AND...
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| 02:11:30 |
Baucus, Max - U.S. Senator, [D] Montana
TO INDIVIDUALS OR INDIVIDUAL COMPANIES. INDIVIDUALS. I THINK SENATOR CANTWELL MAKES A VERY INTERESTING POINT WHEN SHE ASKED THE QUESTION ABOUT DIVULGING...
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| 02:13:03 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
IF WE CAN KNOW WHERE WE'RE SPENDING MONEY ANYWHERE ELSE, WHY SHOULDN'T THEY KNOW THAT? THERE'S NOT A GOOD REASON THEY'RE TRANSPARENT AND THIS COULD...
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| 02:13:49 |
Baucus, Max - U.S. Senator, [D] Montana
BILL? THEY'LL STAY OPEN UNTIL THEY'RE FINISHED. >> WE'RE OPEN UNTIL 2:30 SO WE'LL STAY OPEN UNTIL 2:30. >> WE HAVE 25 MINUTES. >> I HAVE ENORMOUS...
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| 02:14:06 |
Kerry, John F. - U.S. Senator, [D] Massachusetts
A LOT OF US OVER HERE WOULD AGREE THAT A LOT OF THINGS ARE DUPLICATED AND A LOT OF THINGS OUGHT TO BE BETTER KNOWN, BUT I DO THINK THERE ARE IMPLICATIONS...
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| 02:14:51 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
THE TRANSPARENCY ISSUE VERY QUICKLY, I WOULD LIKE TO PUT INTO THE RECORD MY PREPARED STATEMENT WHICH LISTED A SMALL NUMBER OF COMPANIES -- EXCUSE...
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| 02:15:01 |
Wyden, Ronald "Ron" Lee - U.S. Senator, [D] Oregon
BENEFIT FROM WHAT WE ADOPTED IN TERMS OF TECHNOLOGY AND POLICY ON THE VEHICLE. >> YOU BET. THE SENATOR REQUESTS A VOTE. CALL ROLL. >> MR. ROCKEFELLER?...
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| 02:17:05 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
TAX BENEFIT FOR THE SAME PURPOSE. THERE'S A LOT ABOUT WHAT WE KNOW ABOUT THIS. FEDERAL SPENDING IS WROUGHT WITH DUPLICATION. IN THE LAST TWO YEARS,...
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| 02:20:34 |
Menendez, Robert "Bob" - U.S. Senator, [D] New Jersey
HAVE TO MEET DIFFERENT STANDARDS AND DIFFERENT TAX CREDITS AND YOU JOUST DON'T GET A CERTAIN CREDIT UNLESS YOU'RE DOING SOMETHING TO HISTORICALLY ...
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| 02:22:17 |
Cardin, Benjamin "Ben" L. - U.S. Senator, [D] Maryland
TASK TODAY. I HAVE SEVERAL SPECIFIC PROJECTS THAT DID USE MULTIPLE FUNDING SOURCES FROM THE FEDERAL GOVERNMENT AND NOT FAMILIAR WITH EACH OF THOSE....
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| 02:24:11 |
Hatch, Orrin - U.S. Senator, [R] Utah
I MAY BE WRONG HERE AND ITS PURPOSE IS TO SPUR INCREASED INVESTMENT INTO DEPRESSED CENSUS TRACKS AND NOT TO SPUR NEW AND INCREASED FEDERAL BENEFITS...
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| 02:26:43 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
CONSTITUTION THAT YOU'RE DOING IT FROM? WE DON'T USE IT. WE JUST DO IT BECAUSE WE THINK IT'S A GOOD THING TO DO, BUT LET ME GIVE YOU SOME EXAMPLES OF...
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| 02:28:34 |
Cantwell, Maria - U.S. Senator, [D] Washington
FOR WEST STEEL IN VANCOUVER, WASHINGTON, ARE YOU SAYING THAT FAR WEST STEEL CANNOT BENEFIT AND THE SEATTLE CHILDREN'S INSTITUTE, THE NORTHWEST LARGEST...
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| 02:29:35 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
THEM NOW. THEY'RE GOING TO BE A WHOLE LOT MORE PAINFUL WHEN WE MAKE THEM. I UNDERSTAND THE RESISTANCE. I UNDERSTAND TO WANT TO DO GOOD AND HELP. THIS...
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| 02:30:32 |
Kerry, John F. - U.S. Senator, [D] Massachusetts
BUT THE MERE FACT THAT IT'S INTRODUCED DOESN'T SUGGEST THAT IT'S WRITTEN AS ACCURATELY OR APPROPRIATELY AS POSSIBLE SO DON'T PUT US ALL IN THE POSITION...
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| 02:30:48 |
Coburn, Thomas "Tom" A. M.D. - U.S. Senator, [R] Oklahoma
WE'VE ALL SAID A HUNDRED TIMES IT'S ALL WELL AND GOOD TO SIT HERE AND BE PROPOSING THIS AND THAT, BUT IT DOESN'T FIT INTO THE CONTEXT OF FILLING IN...
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| 02:32:35 |
Baucus, Max - U.S. Senator, [D] Montana
TO. I DON'T SEE ANY MORE AMENDMENTS HERE. IF THERE ARE NO FURTHER AMENDMENTS TO ENTERTAIN A MOTION THE CHAIRMAN'S MARKED AS MODIFIED ON THE FAMILY...
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| 02:34:10 |
LeVasseur, Joshua - Deputy Chief Clerk
CLERK WILL ANNOUNCE THE VOTE. MR. CHAIRMAN, THE TALLY OF THE MEMBERS PRESENT IS 17 AYES -- >> WE'RE NOT THROUGH YET. WE'RE NOT THROUGH YET. WE'RE...
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| 02:34:46 |
Baucus, Max - U.S. Senator, [D] Montana
COMMITTEE'S STAFF TECHNICAL INFORMATION AND AUTHORITY TO CONFORM THE COMMITTEE REPORTED BILL HAS ADMITTED ADOPTED AND I WOULD LIKE TO THANK EVERYBODY...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.