On the recordJune 6, 2012
Mr. President, I am honored to join with the good Senator from Kansas, the Senator from Missouri, and my friend from Virginia in speaking today in a bipartisan colloquy that is also part of a bicameral process that is trying to send a signal to the American people, to our markets, and to our competitors, that we understand that just because we happen to be in an election year does not mean our competitors in China, in India, and Russia, in Europe and other parts of world--in Africa and in other places where there are emerging markets or in places where we have well-developed competitors--we do not take this year off. The American people expect since we are still drawing a salary, we should still be making progress. We should still be trying to meet the needs of a growing economy that needs to grow faster. So as Senator Moran referenced previously, last November Senator Rubio of Florida and I came together to put a package called the AGREE Act before the Senate. We were pleased that a number of the provisions in that first AGREE Act actually have subsequently become law: One, to ease the path for IPOs, initial public offerings, for high-potential, high-growth companies; another through Executive order to strengthen intellectual property protection. We are hopeful the Senate will consider another provision that dealt with bonus depreciation, which is another way to help make investments in equipment for small businesses.…





