Political Quotes

“You said something a moment ago when you were talking about the multinational corporations and whether we're willing to stand up to the multinational corporations and bring jobs back to America. Two and a half weeks ago, we came back from our session working out in our districts to pick up a piece of legislation called the Education Jobs and Medical Assistance Act. As a result of that, 160,000 teachers are employed across the Nation, and police and firemen, public safety officials and medical services are being provided in the communities. A major piece of that legislation dealt precisely with the issue you discussed a moment ago about multinationals. Under the previous law, multinational companies that took jobs from America and shipped them to China or somewhere else in the world actually got a tax break. We closed that loophole. We closed that tax loophole, bringing $10 billion back to the Treasury and discouraging American corporations, ending their incentive. Mr. Tonko, if you would like to jump into this one.”