Political Quotes

“First of all, I do want to thank Congressman Lipinski of Illinois for introducing this legislation on the National Manufacturing Strategy Act. Mr. Speaker, I think we all recognize in America today that our manufacturing sector, while still one of the strongest in the world, has lost a lot of manufacturing jobs. In fact, we have lost way too many. This legislation, while providing additional studies to look at the problems for our manufacturing sector, I firmly believe does not go far enough and does not address the real problems with manufacturing in America today. One issue that we certainly need to look at, in my view, is the American tax policy. It is my understanding that the United States has the second-highest corporate tax rate in the developed world and will soon move into the No. 1 slot because Japan, evidently, is getting ready to drop its corporate income tax rate. We also know that, already in the Federal Government, there are many task forces that are looking at this manufacturing issue. For example, there is an Interagency Working Group on Manufacturing Competitiveness. The Commerce Department has a manufacturing council. The Manufacturing Extension Partnership Program is in existence, and the Interagency Working Group on Manufacturing Research and Development is operating today.…”