Political Quotes

“Oh, it resonated with me just fine--along with a lot of bumps and bruises and cuts and the like. But this is the public-private partnership. This is the role of our government to make these critical investments in education, in research. In fact, one of the Make It in America agenda items is the extension of the research tax credit--a permanent or at least a long extension of it. Representative Carney has introduced House Resolution 905, which would extend that. We have been extending it 1 year at a time, but that doesn't give the businesses the opportunity to plan on a long extension or on a long period of time for research. For example, I was at Genentech in my district. They have a major biopharmaceutical program there--the biggest biopharmaceutical plant in the world. They conduct a lot of research, but the start-stop of the research and the development tax credit makes it difficult for them to plan long into the future. So this piece of legislation, part of the Make It in America agenda, does that extension and gives this certainty to businesses. We also have the infrastructure bank being reintroduced by our colleagues here on the Democratic side. This is one of about two-dozen bills that the Democrats have introduced for the purposes of moving the economy by bringing the manufacturing back home. We also have the Patriot Corporations of America Act, by Representative Schakowsky from Chicago, that rewards companies when they bring the jobs back home.…”