Tax Extenders, Disaster Tax Relief

Statement

Tax Extenders, Disaster Tax Relief

Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on House efforts to rebuff tax extenders and Midwest disaster relief legislation passed by the Senate on an overwhelming, bipartisan vote of 93 to 2 last night.

"The House is trying to play games with extenders and tax relief. The Senate extenders bill was drafted in consultation with House members and includes House members' priorities. The Senate majority leader's got it right that the game is over. He said that if the House doesn't pass the Senate extenders bill, ‘… the full responsibility of this not passing is theirs, not ours.' Meanwhile, the House leaders' disregard for Midwestern disaster victims is shameful. When New York was attacked and New Orleans was under water, we dropped everything to give tax relief for recovery. The victims of the Midwest's 500-year floods deserve equitable treatment, and the Senate bill provides it. What's more, the Senate compromise is the only package that the White House has indicated the President will sign. It's time to focus on making law on these time-sensitive issues. The House can't ignore the fact that if they approve the Senate package, it will become law. All the other machinations and maneuvers won't."

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