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Floor Speech

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Mr. WYDEN. Mr. President, notwithstanding rule XXII, I ask unanimous consent that the Committee on Finance be discharged from further consideration of H.R. 5366 and the Senate proceed to its immediate consideration.
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Mr. WYDEN. Mr. President and those following the debate, what this is all about is when you lose your home in a wildfire, the last thing you ought to be worried about is being hit by a massive tax bill.

The bipartisan disaster relief bill that we just passed would give Oregonians and westerners affected by these blazes some real peace of mind. It would lift the massive tax burden and deliver financial relief to each American impacted by a federally designated natural disaster. It is going to get rid of totally unfair taxes on settlement payments and ensure disaster victims can deduct losses after disasters. That is an issue the Republicans created under Donald Trump in 2017.

So, this is an important day for my constituents at home in Oregon and folks in the West because we are taking away what really amounts to a wrecking ball that has been hitting them in terms of the form of a massive tax hit.

I urge my colleagues to get the word out about the important relief that has just been passed.

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