Political Quotes

Barbara Boxer: “On May 15, 2003, the Senate voted 75 to 25 for the Ensign-Boxer-Smith Invest in the USA Act. It was a very clear…”

On the recordMay 5, 2004
On May 15, 2003, the Senate voted 75 to 25 for the Ensign-Boxer-Smith Invest in the USA Act. It was a very clear statement that we want to see job creation. What we are proposing is a 1-year only chance for corporations that have parked their foreign earnings abroad, and that have no intention of bringing them back, to bring it back at a lower tax rate. It would infuse our Treasury with about $4 billion in revenue, and Allen Sinai, a respected economist, says it will create 660,000 jobs.
Said by
Barbara Boxer
Democratic · California
Source
govinfo.gov

Editor's note · Context

Discussing the Invest in the USA Act and its potential impact on job creation and revenue.

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