I'll lead off with a couple of comments. One is that I think we should be clear that this is not a partisan initiative in any way, shape, or form. It is a measure that any responsible government would need to undertake to ensure that the tax act reflects judicial decisions that are made from time to time, and it is also responsive to some of the ambiguities or problems that are pointed out by tax practitioners and taxpayers.
On June 5th, 2007. See this statement in context.