Douglas L. Peterson: “Permanence creates certainty. Certainty reduces risk.”

it is a great honor to serve in the people's House. Here, every Member is equal and directly responsible to his or her constituents to represent them at the national level. To ensure that we each focus on constituent representation rather…

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

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

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.