Political Quotes

“I said earlier there were five reasons to vote against this bill. I just sat down and wrote a list. Now there are seven. Some of them have been added to it since it passed the committee. We are facing a tax increase, a huge tax increase. That is something that a lot of us can't cross. The abrogation of treaties. When you think about the implications not just of companies doing business in the United States but the reaction when the retribution comes from foreign countries when they start to change their trade agreements and treaties with us. That is going to mean it is going to be nearly impossible for us to negotiate bilateral trade agreements, WTO trade agreements; and that draws a bright line against trade. There is Davis-Bacon wage scale in this bill. I will make the prediction that the 5th Congressional District of Iowa will remain the number one renewable fuels congressional district in America. Last year we put over a billion dollars of private capital into that, and we did so without the Davis-Bacon wage scale. We did it with merit shop wages. We built good plants, state of the art, and developed the technology. We are number one in biodiesel in my district. We will be number one in ethanol by the end of this season. We will stay there because they are not going to use this component because they will not be able to afford it. It is a 20 percent increase in cost.”