Political Quotes

On the recordApril 7, 2011
It also speaks to the fact that the Democrats are willing to put up shared sacrifice on both sides. I want to just wrap up with this, and every time I come to the floor I want to make it clear that we need to rebuild the American manufacturing base. Twenty years ago there were 20 million-plus Americans in manufacturing. Today there are 11 million. A lot of reasons for it. But these are the kinds of investments you were talking about, Mr. Ryan, that we need to make. We really need to make sure that our policies on trade are fair, that they don't harm our manufacturing industry. We've been talking about taxes here. We need to make those taxes encourage growth. A couple of examples on taxes: we put out a tax bill without any Republican support last year to end the tax breaks that corporations had to offshore jobs. And we gave corporations and businesses an immediate write-up of all capital gains. So we're serious about tax policy here to encourage manufacturing. Energy is a huge issue, and there will be a discussion on another day. Labor policies: let's understand that it was the labor unions that built the base, and you go down through the line--education, intellectual property, research, and, again, building the great infrastructure. These are things we can do. These are critical investments in our budget. We should be doing these things. I am going to yield to my friend from Colorado (Mr. Perlmutter). You get the last word.
Said by
John Garamendi
Democratic · California

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