[Congressional Record Volume 163, Number 196 (Friday, December 1, 2017)]
[Senate]
[Pages S7712-S7714]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Tax Cuts and Jobs Bill
Mr. ENZI. Mr. President, earlier this week, I said it was historic
that we began the consideration of the Tax Cuts and Jobs Act. Today is
even more
[[Page S7713]]
significant because we are one step closer to enacting that bill.
The chairman of the Finance Committee, Senator Hatch, has called this
a once-in-a-generation opportunity. I agree.
As an accountant, one of my goals when I came to the Senate in 1996
was to serve on the Finance Committee. When I joined the committee in
2009, I said that positive, pro-growth changes to our tax policy could
help us out of the economic downturn. I believe this bill makes those
types of changes and will jump-start our economy.
This week, 137 economists agreed with that assessment. In a letter to
Senators and Representatives, these economists wrote: ``Economic growth
will accelerate if the Tax Cuts and Jobs Act passes, leading to more
jobs, higher wages, and a better standard of living for the American
people.''
My colleagues on the other side of the aisle dispute that analysis.
But after a decade of below-average growth and official projections
showing real economic growth will average less than 2 percent annually
over the next decade, isn't it time that we tried something new?
Some of my colleagues have also suggested that this bill hasn't gone
through regular order. I have already reminded folks of the 70 tax
hearings in the Senate Finance Committee held over the last 6 years,
but that isn't all we have done. In the last Congress, Chairman Hatch
organized five bipartisan groups to propose changes to the Tax Code. I
was party to those groups, which made many recommendations that have
informed this package. I would say that those working groups were also
bipartisan.
While I don't sit on the Energy Committee, I understand that Chairman
Murkowski led a similarly robust process. The issue of oil and gas
exploration and development in the Arctic National Wildlife Refuge has
been an issue since before I was a Senator. We have been considering
and debating the matter for years. This year alone, Senator Murkowski
has introduced a bill, held a hearing, and then marked up legislation
on this issue. Now the bill that is a product of the Finance and Energy
Committee's efforts is on the floor.
We have not bypassed committees. We have not filled the tree. We have
not cut off debate by filing cloture, which was a common practice in
recent years. I think this is as open and transparent a process as I
have seen in many years, and I appreciate the leader, I appreciate
Chairman Hatch, and I appreciate Chairman Murkowski for their work to
make that happen.
I also want to thank my Budget Committee staff for their work on this
bill. In particular, I want to thank my staff director, Betsy
McDonnell, who has done a remarkable job shepherding both the budget
resolution and reconciliation bill through the committee and on the
floor. She has been new to that position. She has been in a number of
positions in the Senate that trained her well to be able to do that,
and she did a marvelous job.
I also want to thank her team: Matt Giroux, Paul Vinovich, Becky
Cole, Thomas Fuller, Elizabeth Keys, Joe Brenckle, Jim Neill, Steve
Robinson, Greg D'Angelo, Tom Borck, Rick Berger, Jeremy Dalrymple,
David Ditch, Susan Eckerly, Alison McGuire, Will Morris, Steve
Townsend, Kelsie Wendelberger, and Eric Ueland.
I would like to thank my personal office staff who worked hard on the
tax provisions in this package and kept all of my other issues going at
the same time. Particularly, I want to thank Bart Massey, who is a CPA
and who has been my special person to work on these finance issues with
me for more than 3 years.
I also want to thank Tara Shaw, my chief of staff, who had to put
together a new staff because a lot of good people I had were taken to
the administration and to the Budget Committee. She did a marvelous job
on that.
Landon Stropko is the legislative director, and he has coordinated
well. I thank Liz Schwartz, Natalia Riggin, Aniela Butler, Charlie
Carroll, Shawna Newsome, Garnett Decosimo, Chris Lydon, Aron Wehr,
Dylan Mitchell, Coy Knobel, Max D'Onofrio, Rachel Vliem, and the rest
of my Wyoming team that worked out in Wyoming collecting the
information and doing casework out there while we got this work done.
I thank the Budget Committee's bipartisan staff: Kim Proctor, Katie
Smith, George Woodall, Grace Bruno, and Kevin Walsh, as well as Celina
Inman, who has been on loan to us from the Government Publishing
Office.
We have also been supported by the great work of our leadership, the
floor, and the cloakroom staff. Specific thanks are owed to Sharon
Soderstrom, Hazen Marshall, Jane Lee, Brandon Dunn in the leader's
office, Monica Popp, John Chapuis, Emily Kirlin, Sam Beaver, Jody
Wright, and Noah McCullough in the whip's office and especially Laura
Dove, who coordinates all of this activity on the floor and who knows
the rules backward and forward and is able to give good advice--some
very definite advice sometimes but always helpful advice--and Robert
Duncan, Chris Tuck, Megan Mercer, Tony Hanagan, Mike Smith, Katherine
Kilroy, and Chloe Barz in the cloakroom.
I would really be remiss if we didn't thank the Senate
Parliamentarian, Elizabeth MacDonough, and her team: Leigh Hilderbrand,
Michael Beaver, and Allison Markoski. Reconciliation bills are subject
to special rules and procedures, and I know they have given up a lot of
their nights and their weekends, as well as their regular job time, to
work in detail on this product. People wouldn't even realize the file
cabinets full of precedents that they have to search through as they
listen to both sides make cases about what can and can't be in a budget
reconciliation bill.
There are also many other staffers who deserve to be thanked for
their work on this product, including the entire Finance and Energy
Committee staffs, but in the interest of time, I will just say that I
appreciate them and look forward to working with all of them to help
finish enacting this bill that will benefit hard-working Americans and
make our economy and country stronger.
Mr. President, I yield the floor.
Mr. HATCH. Mr. President, with passage of this bill, we are another
step closer to providing real tax relief to the middle class and
providing a much-needed boost to our economy.
Today's events have been years in the making. This has been my chief
legislative focus for many years, and it has been a priority for many
of my colleagues as well, including some that are no longer serving. I
am talking, of course, about people like Dave Camp and Senator Max
Baucus, who did a lot to move this effort forward. I feel gratified to
have been here and to have worked with my colleagues to get this far.
As efforts this year began earnest, we set out to give low- and
middle-income Americans some much-needed relief and to give our country
an opportunity to compete in the global economy.
This bill will do that. With passage of this bill, American families
will have bigger paychecks and better wages. Our employers will have
more favorable conditions to invest in expansion, grow their
businesses, and create more jobs right here in the United States.
So many people both in and out of Congress have worked hard to get us
to this point, and I want to express my appreciation for their efforts.
Of course, I can't thank everyone in a single floor speech, but I do
want to thank some who may be within earshot at the moment.
First and foremost, I want to thank the members of the Senate Finance
Committee, who put in countless days, weeks, and months in preparing
this legislation and helping to get it passed. All of our majority
members contributed greatly to this process, and I am most grateful.
I also want to thank the distinguished majority leader who also did
so much to secure the details of the bill and shepherd it through the
Senate.
I want to thank Chairman Brady and Speaker Ryan over in the House of
Representatives. They, too, have been great partners in this endeavor.
Of course, I need to thank Secretary Mnuchin and Director Cohn for
their commitment to this effort and their help in getting it done.
I want to thank the staff of the Finance Committee, who have done so
much of the heavy lifting here. I need to single out Mark Prater, my
chief tax counsel, who has served the committee
[[Page S7714]]
for decades now and whose knowledge and expertise on these matters is
recognized by everyone here and pretty much everyone everywhere else.
Thank you, as well, to the rest of my committee tax staff: Jennifer
Acuna, Tony Coughlan, Christopher Hanna, Alex Monie, Eric Oman, Marty
Pippins, Preston Rutledge, and Nick Wyatt.
I need to thank my staff director, Jay Khosla, who quarterbacked the
staff through this whole ordeal and who has spent many years with me as
we have laid the groundwork and started construction on this
undertaking. I want to thank the other members of my senior team as
well, including Matt Hoffman, Jeff Wrase, Julia Lawless, Jennifer
Kuskowski, Chris Armstrong, and Bryan Hickman. I need to thank the
communications staff on the committee: Katie Niederee, Nicole Hager,
and Joshua Blume.
I also need to thank a couple of former staff members. Chris
Campbell, my former staff director, worked for years on this effort,
and while, he is now at Treasury, I am sure he is celebrating on his
own today. I would also like to give a thank you to Jim Lyons, my tax
counsel who, unfortunately, passed away a little over a year ago. He
contributed greatly to this effort for a number of years, and his
steady presence has definitely been missed.
Beyond my own staff, I want to thank the tax legislative assistants
from each of the committee members who helped to craft this bill,
namely, Chris Allen, Sam Beaver, Joseph Boddicker, Chris Conlin, Shay
Hawkins, Randy Herndon, Bart Massey, Monica McGuire, Mike Quickel,
Zacshary Rudisill, Andrew Siracuse, Robert Sneeden, Derek Theurer, and
Mark Warren, all of whom did an outstanding job in helping us to
produce this bill.
I also want to thank the committee's legislative directors: Charles
Cogar, Ken Flanz, Chris Gillott, Brad Grantz, Amber Kirchhoefer, Kurt
Kovarik, Jessica McBride, Sarah Paul, Landon Stropko, Jay Sulzmann,
Stephen Tausend, Pam Thiessen, and Christopher Toppings.
I also need to thank the staff from the leader's office, including
Brendan Dunn, Antonia Ferrier, Hazen Marshall, Erica Suares, Terry Van
Doren, Don Stewart, and Jane Lee.
This process has been a joint effort with our friends on the Budget
Committee, and I need to thank Senator Enzi, once again, for his
leadership on that committee to give us the reconciliation instruction
that made this possible. Additionally, I would like to thank members of
his staff, including: Joe Brenckle, Jim Neill, Betsy McDonnell, Matt
Giroux, Paul Vinovich, Becky Cole, Eric Ueland, Thomas Fueller, and the
rest of the Budget Committee team.
Other bodies deserve our thanks as well. Tom Barthold and his team at
the Joint Committee on Taxation made themselves available at all hours
to help us get the bill written and ready to pass. As did the staff at
the legislative counsel's office, led by Mark McGunagle and Jim Fransen
and their whole team and those who work with Elizabeth McDounagh in the
Parliamentarian's office.
There are too many people to thank in a single floor speech, but, I
am very grateful for the countless individuals who have in this
endeavor over the years. We are not there yet, but we are getting
closer.
I look forward to moving this effort through the next steps and to
working with my colleagues on other challenges that lie ahead.
The PRESIDING OFFICER. The Senator from Wyoming.
____________________