Political Quotes

“Mr. Speaker, I thank my friend, the ranking member of the full committee. I want to respond to a couple of things the gentleman from New York brought up. This 1099 provision, we agree on it. It's an egregious issue. It needs to be repealed. We need to do it in the right way, along with many of these other issues in the health care bill. But with regard to small businesses, the President himself has said that he wants to double exports in 5 years, and the best way to do that is to expand export opportunities. And if we're going to do that for small businesses and mid-sized companies, we have to do this in a way that allows them to partner with large corporations and have the infrastructure. These tax provisions in the bill will subject our companies, who are doing this type of work, to double taxation, making us less competitive, inhibiting economic growth, and reducing our ability to export. It's clear. Secondly, we haven't had the hearings to actually flesh all this out. I think it's critical that we really look at this if we're going to promote American competitiveness. My fear is that, yes, we might double exports in 5 years, but it will be the export of American jobs.”