and make sure we are not exporting oil. i'm not sure why we are sending oil overseas instead of having americans have that oil to reduce gas prices. look, i'm not going to deny that gas prices are up and we need to take action. >> bret: congressman, i want to get just a little bit into the weeds here. this is from larry lindsey, used to be the director of the 2345rb8 economic economic counsel sphril george bush letter sends out to hundreds of different people. the bill's biggest impact on growth will be through changes in the effective tax on business, cap tylenol tall investment. under existing law many are expensed the cost of new capitol investment is deducted against income in the year of the purchase. many firms use straight line depreciation deducting the same amount each year. one reason to do so is because book profits are reported to shareholders and do not have the tax consequence. so using straight line depreciation boosts current publicly reported profits for firms that are rapidly expanding their capitol stock. getting to it here. the effects can be far from
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