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Kurt S.
Democrat OR 5

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  • Tax Extenders

    by Representative Kurt Schrader

    Posted on 2015-12-03

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    SCHRADER asked and was given permission to address the House for 1 minute.) Mr. SCHRADER. Mr. Speaker, I come to the floor today to state my opposition to the $800 billion of unpaid tax extenders now being discussed in Congress.

    It is incomprehensible to me that Republicans and Democrats would entertain adding $800 billion to the $19 trillion debt that we already have, a debt that our children and grandchildren will end up having to pay.

    Just as every well-meaning program should be paid for in these tough times, so should every tax incentive. This is especially true when those incentives are being expanded beyond their original purpose and made permanent.

    What we really need, colleagues, is having a more comprehensive discussion on tax policy and entitlement reform. We probably have too many tax breaks. We should broaden the tax base, frankly, and reduce our tax load.

    We must deal seriously with the long-term debt and deficits. Adding this additional burden to the out-of-control debt we already have is absolutely destructive to our country's future.

    As one of the former Chairmen of the Joint Chiefs of Staff said, the greatest threat to our Nation is not from abroad, but our national debt.


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