Douglas L. Peterson: “So we have to become more competitive. The way we become more competitive in a global economy is dropping our tax rates.”

We need a permanent, comprehensive fix that will promote investment, innovation and growth in the U.S.

I think the bewitching hour has arrived. We have had numerous speeches on this floor over my tenure of 4 years of everyone saying, ``I'm for national defense, I'm for national defense, and I stand squarely behind the military of our…

We do have some agreement here, bipartisan agreement, which is great, because if we can get this economy moving, it is going to be so much better for the people, those hard-working American families.

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…