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Senate Proceeding on Mar 25th, 2010 :: 1:42:30 to 1:43:45
Total video length: 11 hours 48 minutes Stream Tools: Stream Overview | Edit Time

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Sam Brownback

1:42:26 to 1:42:47( Edit History Discussion )

Sam Brownback: madam president? the presiding officer: the senator from -- the senator f kansas. mr. brownback: madam president, i call up on behalf of myself and senator murkowski, amendment number and ask for i consideration. the presiding officer: the clerk will report. the clerk: the senator from kansas, mr. brownback, proposes amendment 3697. mr. brownback: i reading of the amendment be dispensed with.

Sam Brownback

1:42:30 to 1:43:45( Edit History Discussion )
Speech By: Sam Brownback

Sam Brownback

1:42:48 to 1:43:10( Edit History Discussion )

Sam Brownback: the presiding officer: without objection. mr. brownback: madam president, this is a very simple but very important amendment in the sense that the new surtaxes on medicare on the wages and on unearned income are not indexed for inflation. all my colleagues are familiar with the problem we have with the alternative minimum tax being not indexed for inflation. and with that being a problem,

Sam Brownback

1:43:11 to 1:43:32( Edit History Discussion )

Sam Brownback: it is now built into this bill, this new for inflation. and if i could just show my colleagues for a moment, you can see how quickly, with a 4% rate of inflation, the people that are getting the subsidy today will be taxed as high income in a few years. this is a problem we're very

Sam Brownback

1:43:33 to 1:43:46( Edit History Discussion )

Sam Brownback: familiar with, we fight with regularly. it is part of the funding base of this bill. it needs to be taken out. the bill should with inflation. and we're all too likely to have significant inflation in the country. so i'd urge my colleagues to

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