Douglas L. Peterson: “I hope Congress will seize this moment and enact substantial changes that will foster investment, growth, and jobs in…”

The point being made by the gentleman from Mississippi [Mr. Taylor] is that reasonable people must sit down and find reasonable solutions, but we must also be very clear in answering all the questions associated with this. I am very…

The gentleman makes a great point. Had we had adequate hearings in committee, we could have gone through all of these details. That is exactly the point here. We are rushing to conclusion as opposed to examination we could have done in…

I am encouraged that we have begun this process and that we are having this hearing. And this is going to be hard. But because it is hard doesn't mean we shouldn't do it.

We have the highest tax rate in the world. And because we have highest tax rate in the world, companies are leaving because they are not competitive.