Political Quotes

“You're absolutely correct on that. I want to give just a couple of very quick examples of the way in which that policy finds its way into legislation, and then I want to turn to our colleague who just arrived from the great State of Texas. Sheila, thank you so very much. But let me just give a couple of examples. Tax policy. You're talking about a system to capture waste heat and to use it in a productive way, to generate it for electricity or for some other purpose. That's a capital investment. When the Democrats controlled this floor, we passed legislation that allowed a business such as you've described to put that equipment into place and to write off the total investment in 1 year, in the very first year, an immediate writeoff, giving an enormous incentive to businesses to make a capital investment. Now, that's very wise tax policy put forth by the Democrats, signed by President Obama, and it's one of the kinds of tax policies and tax breaks that we think needs to be in place to grow the economy. There are many other examples, and I can go on for several hours, but I would rather yield to my colleague from the great State of Texas. Please tell us what's going on in Texas besides fires here and there and, once again, another disaster area in which, as America, we need to reach out and support Texas.”