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Congressional Record - Tax Cuts And Jobs Act (Part 8) | TaxConnections
Announcement By The Speaker Pro Tempore The SPEAKER pro tempore. Members are advised that editorial content inserted within unanimous consent requests could result in Members' time being charged. Mr. PASCRELL. Mr. Speaker, if it weren't bad enough, Mr. Speaker--and I come over to this side for a reason: I have got many brothers and sisters whom I love here--this is a terrible bill. Unanimous consent here. The real price of this bill is hidden. $30 billion in interest on the debt every year. Who pays this? If it weren't bad enough, the taxes that people have to pay today, as well as our children and our grandchildren, but beyond that, the real price of this bill is further hidden. The temporary family flexibility credit expires after 5 years. The temporary exclusion for independent care costs expires after 5 years. The SPEAKER pro tempore. Members are advised that editorial content inserted within unanimous consent requests could result in Members' time being charged. Mr. PASCRELL. Mr. Speaker, if it weren't bad enough, Mr. Speaker--and I come over to this side for a reason: I have got many brothers and sisters whom I love here--this is a terrible bill. Unanimous consent here. The real price of this bill is hidden. $30 billion in interest on the debt every year. Who pays this? If it weren't bad enough, the taxes that people have to pay today, as well as our children and our grandchildren, but beyond that, the real price of this bill is further hidden. The temporary family flexibility credit expires after 5 years. The temporary exclusion for independent care costs expires after 5 years.