Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

“While we may disagree on the merits of Chairman Shuster's proposal with respect to privatization, I believe we share a strong interest in maintaining and enforcing the Committee's jurisdiction. Specifically, we should not waive jurisdiction over matters of revenue collection. The Committee's exclusive jurisdiction over revenue measures reflects the grave importance of their consideration in the Congress; we should work together to ensure that these issues receive the Committee's full attention.”

Source: Rep. Richard Neal (D-MA), the top Democrat on the House Committee on Ways and Means, flagged an important issue in a July 12 letter to the committee chairman, Rep. Kevin Brady (R-TX). Brady has waived initial jurisdiction over H.R. 2997, even though it makes significant tax-policy changes.

FMI: www.nbaa.org, Neal letter, CBO Report