we view the EU Emissions Trading Scheme as an extra territorial tax grab that sets a bad example

The United States is a leader in aerospace design and manufacturing, which is also the source of thousands of high-quality jobs.

Thank you, Madam Chair. With respect to the Senator from New Jersey's line of questioning about sequestration, the House of Representatives this afternoon passed a bill, 414 to 2, that would require the administration to put forward a plan…

This is clearly a unilateral tax grab on American operators without any guarantees for how those revenues are going to be used.

The Finance Committee today voted to report out permanent normal trade relations with Russia.

the EU Emission Trading Scheme is clearly, in my view, a unilateral and unfair tax policy that is hurting U.S. operators flying into and out of Europe.

I'd be interested in seeing that.

What that might mean, not only to your operations or those you represent, but also just the impact on small businesses.

It is important that we reduce the tax burdens on airlines which are inevitably passed on to the American traveling public.

The repeal of Jackson-Vanik, yes.

We have very much appreciated Senator Thune and Senator McCaskill's leadership in introducing legislation against the EU ETS scheme.

Mr. President, one of the foremost threats to our economy is the fiscal cliff. This is an issue my Republican colleagues and I have been talking about for several months now, calling for more transparency in the sequestration that will…

Mr. President, I rise today as a proud cosponsor of the DISCLOSE Act. The Citizens United case opened the floodgates to unprecedented spending from super PACs and outside interests. I am concerned this ruling has effectively given those…

Madam President, before too long here we are going to be voting. We are going to have three votes, I think, on whether we are going to move forward on a tax bill. I frankly think there are things in the underlying bill that is before us…

My time has expired, Mr. Chairman.

If such a standard was established, how might enforcement be carried out uniformly?

Thank you, Mr. Chairman. I want to thank our witnesses for being here today, and for sharing their insights on this subject.

If the Federal Government got involved, would be to establish a couple of super labs.