releases: https://www.portman.senate.gov/public/index.cfm/press-releases?ID=d734f04e-c5b1-49c2-bde7-1d2ef314be8e
Data license: MIT · Data source: dwillis/congress-press
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| https://www.portman.senate.gov/public/index.cfm/press-releases?ID=d734f04e-c5b1-49c2-bde7-1d2ef314be8e | Portman Statement on Tax Extenders Package | 2014-12-16 | 2014 | 2014-12 | Republican | House | OH | Rob Portman | P000449 | www.portman.senate.gov | legacy | Washington, D.C. – U.S. Senator Rob Portman (R-Ohio) today released the following statement on his vote against the tax extenders package: “I was disappointed that we couldn’t come to a longer-term extenders agreement. By the time the bill gets to the President’s desk, we’ll essentially be extending these provisions for 15 days and by the time we come back into session, the provisions will all have expired. “Further, I believe that we missed a great opportunity to make a few of the key expiring provisions permanent. Permanency for provisions like the R&D tax credit and expensing for small businesses would have given businesses the certainty they need to grow and create jobs, something that’s crucial in our recovering economy. The bill that passed the Senate today leaves families and businesses in limbo over what exactly their tax bill will be for another year. “I was particularly disappointed the bill did not include an extension of the Health Coverage Tax Credit (HCTC), which is vitally important to thousands of Delphi salaried retirees, USW retirees, and UAW retirees in Ohio and throughout the country. The provision didn’t make it into the final package despite my efforts along with others to successfully add it into the Senate’s bill last spring. The fight isn’t over. Moving forward, I’ll keep working with impacted Delphi retirees in Youngstown, Dayton and beyond, and will continue to work on a path forward to help these retirees regain the financial security the government took away from them. “A bright spot in the package was the inclusion of the ABLE Act. Families with children with disabilities often face overwhelming expenses which can prohibit them from attaining opportunities that contribute to a meaningful and fulfilling life. The ABLE Act, which I cosponsored, will allow families who have a child with a disability to save for their long-term care through 529-style savings accounts. The ABLE Act is a crucial step to enable individuals with disabilities to save for the future and opens new opportunities for them to live a fulfilling life.” Earlier this year, the Senate Finance Committee passed an amendment sponsored by Portman and U.S. Senator Sherrod Brown (D-Ohio) that would extend the HCTC for retirees who lost their healthcare coverage—in addition to their pensions and other benefits—when the companies for which they worked either entered into bankruptcy or moved operations overseas. The amendment was passed during the Senate Finance Committee’s consideration of a tax extenders passage. The senators recently urged their colleagues to support the extension of HCTC in a letter which can be found here. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |