Neal Dunn: “we are finally bringing to a close a dispute that has lasted not years, but decades. By repealing FSC/ETI, we will bring…”

“we are finally bringing to a close a dispute that has lasted not years, but decades. By repealing FSC/ETI, we will bring U.S. law into conformity with the rulings of the WTO and remove sanctions that are now hurting United States workers and companies. We have got to remove these sanctions, and we must do so without delay. We are doing a lot more in this legislation. The conference report provides a credit for domestic production activities, including software, which is enormously important to the high-tech industry in our State of Washington. It is a critical component that I worked hard on in the Committee on Ways and Means as our committee developed this proposal. In this bill, we also help millions of our constituents in Washington, Texas, Tennessee, and other States by restoring the deductibility of State sales taxes. But we would not be here without the tireless efforts of the gentleman from Texas (Mr. Brady) and the gentleman from Washington (Mr. Nethercutt). I commend their leadership on this issue. The legislation also includes relief for reforestation costs to help keep U.S. workers competitive with global and foreign industry.”