Douglas L. Peterson: “We need to reform the U.S. tax system, including lowering the corporate tax rate, to level the playing field.”

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…

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.

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

a few days ago we were on this floor voting for numerous reforms of this House designed to bring more credibility to this great institution. At the time I spoke about passing reforms that would ensure that special interests did not…