It was handed to us as it was being submitted. So, if there is an effort for bipartisanship, then a motion to recommit can be submitted early on, without any effort to surprise, and we can see if we can work it out. That's the fact. Number two, in terms of worker against worker, what you don't like about our proposal is that we protect and safeguard the workers of the United States of America, and we make sure that jobs are not shipped overseas that may help workers in other countries but not workers in the United States of America. That is what our bill provides. Number three, in terms of added taxes, the taxes on the very wealthy, closing the loophole is something that should be done. You are not protecting the typical taxpayers in this country. They don't use these annuity provisions. They don't try to escape gift taxes through this device. The administration has pleaded with this Congress to close this loophole, and you, today, are essentially saying you don't want to vote for this bill because it addresses outsourcing and because it addresses a tax loophole. You don't like that. All right. Then vote ``no.'' We find a way to eliminate the 1099 requirement and pay for it by making sure companies don't have an inducement to ship jobs overseas and the very, very wealthy to escape gift taxation. So that is really what this is all about.
On the recordJuly 30, 2010
Editor's note · Context
The speaker discusses a proposal aimed at protecting U.S. workers and addressing tax loopholes.
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