Political Quotes

“We have work to do, and Americans want to go to work and they want things made in America. I was interested in what you were saying about the use of our Tax Code. The Big Five oil companies in America--Exxon, Chevron, BP, and the other two--have in the last decade made a trillion dollars of profit. Yet at the same time, those Big Five get $4 billion a year in tax subsidies. Our tax money is going to those companies as if they don't have enough of our money already. They do. If we dial that back and bring that back into the system for infrastructure investment, you could use it, as you say, for transportation because it's associated with transportation. You could use it for clean energy. Let's say you take 3 years of that and suddenly got $12 billion, we could capitalize an infrastructure bank. All of these things are possible if we get away from the notion of continuing to help the oil industry. {time} 1740 The wealthiest industry in the world doesn't need our tax money as a subsidy, and we ought to reel that money back in and use it for things that really create investments in America. There are other ways we can do this. We had what are called bonds, Build America Bonds. Those have expired, but those were extraordinarily useful for small cities, big cities, and counties to build infrastructure.…”