Is it not the case that income earned in the United States remains subject to U.S. tax regardless of the corporate structure?
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We need to change the rules. We need to reform the tax code.
We have an outdated, dysfunctional tax code, with the highest rate in the developed world.
I think that all of us agree that we want American companies to be competitive.
I rise today to support S. 2244, the Terrorism Risk Insurance Program Reauthorization Act. Congress first enacted TRIA into law in 2002 after the commercial property sector saw major disruptions in the ability to obtain financing and…
Yes. The Committee makes this point clear in the Committee Report for S. 2244, and I thank the Senator again for his work on this issue.
I thank Senator Reed for his valuable contributions to the work of the Banking Committee. I also thank him for working with me on this matter and for his continued efforts to bolster our national security.
Today I recognize the Congressional Research Service, CRS. The CRS is celebrating its centennial this week. Established as the Legislative Reference Service in 1914, the CRS has been assisting Members of Congress in their legislative work…
That makes you really popular here, Madam Chairman.
I think many Americans would be surprised to know that the majority of our Nation's exports are manufactured goods.
I think something we need to continue to do is aggressively expand those trading relationships through trade agreements.
Do you think that shortcoming in any way creates an impediment to growth, to economic growth?
If you want to know which of five programs or which of five different allocations across programs are going to yield the greatest benefit and you have no data and no insights, it's very hard to make policy choices on a rational, as opposed…
Our challenge is to make sure that the next Internet is developed by the United States, not in a laboratory in China, India, or Europe.
Scientists were one of the few groups in Washington who seemed to be there to help the country and not help themselves.
Congress has no business deciding what research projects are worthwhile.