Political Quotes

Todd Tiahrt: Flexible savings accounts, correct. Next week we are moving on to bureaucratic red tape termination, because we found…

On the recordMay 12, 2004
Flexible savings accounts, correct. Next week we are moving on to bureaucratic red tape termination, because we found out that the cost of complying with bureaucratic red tape in America is about 12 percent of every manufactured product. If we can cut that in half, we would be 5 percent more competitive. We are going to deal with life-long learning so that we have high-skilled, high-trained workers. We need to get more science and technical and engineering graduates. Then we are going to deal with trade fairness and opportunity. We must have fairly applied trade agreements. We must open up new markets, but we have to overcome monetary manipulations by other countries and by unfair trade practices by other countries. And we are going to deal with that. Then we will move on to tax relief and simplification and figure a way to pull the cost of taxes that are buried into our products out of it so that we are more competitive. Then we will deal with energy self-sufficiency and security. We are going to present legislation that will create 700,000 jobs in America. We are going to deal with research and development so that we can continue to be innovative and bring new ideas to the world and more jobs to America. Then we are going to deal with ending lawsuit abuse and litigation so that we can lower the cost of liability insurance, limit liability so we can create new jobs, and, again, bring workers back into America. The lines are very clear.…
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Todd Tiahrt
Kansas

Editor's note · Context

Discussing economic competitiveness and job creation initiatives.

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