We shouldn't be sustaining bureaucrats. We should be sustaining people.
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My hope is that, at the end of today's hearing, committee members will have enough information to judge each nominee on the basis of their experience, knowledge, and qualifications for the position to which they have been nominated.
When you look over the respective resumes of each of these nominees, it's clear that the President has selected individuals who are well-qualified and well-prepared to serve in these important posts.
The United States has an open and fair judicial system, and we should be skeptical about subjecting U.S. laws and regulations to private arbitration.
There are a number of issues I wish to speak on today, but first I wish to extend my most sincere condolences to the victims of violence in Las Vegas. What we witnessed last night was a tragedy without precedent. Today, our thoughts are…
Finally, as many of you know, I've been interested for some time in the idea of better integrating our individual and corporate tax systems.
The solution to these and other problems, to put it very simply, is to transition to a territorial-based system like virtually all of our foreign competitors.
Leveling the playing field requires addressing the relative tax advantages available to foreign-owned U.S. corporations that represent one of the most senseless aspects of our current corporate tax code.
The United States cannot stand apart from corporate tax competition in a globalized economy and is falling further behind each year.
All of these problems are key for today's hearing because they highlight the shortcoming of our outdated worldwide tax system.
International tax reform is an area that is rife for bipartisanship.
Lowering the corporate income tax rate and moving to a territorial system are important to maintain U.S. prosperity and improve growth prospects for our economy.
I want to thank everyone for attending this morning. Before we begin, I just want to say something about the awfulness of this past weekend.
I am very pleased that we have been able to bridge so many divides, and I am optimistic about our chances going forward.
Last week, I joined with the Secretary of the Treasury, the National Economic Council Director, the Senate Majority Leader, the House Speaker, and the chairman of the Ways and Means Committee to put forward a broad, unified framework for…
I particularly want to thank our ranking member for his open mind and his ability to look at these matters and do so in a constructive way.
This is why in January I proposed eliminating the corporate tax altogether, and shifting the tax burden on investors instead of workers.