Political Quotes

“Mr. Delaney, that is a fascinating way of bringing capital to this program. California has numerous high-technology companies, Apple and many, many others. All of them come to us, representatives from California, and they complain about the repatriation. They'd like to bring those earnings from overseas back to the United States. They've got maybe $1 trillion sitting out there, if I recall the number. Maybe that's about--I don't know. Whatever the number is, a lot of dollars. They want to bring it back, but they don't want to pay the 35 percent corporate tax. So you're suggesting that they could bring that back in a way that they wouldn't face that tax, but the money that came back would be--at least a portion of it would be used to finance this infrastructure bank. Have I got this pretty much correct here?”