Douglas L. Peterson: “We do have some agreement here, bipartisan agreement, which is great, because if we can get this economy moving, it is…”

I hope Congress will seize this moment and enact substantial changes that will foster investment, growth, and jobs in the U.S.

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…

We need to reform the U.S. tax system, including lowering the corporate tax rate, to level the playing field.

So we have to become more competitive. The way we become more competitive in a global economy is dropping our tax rates.