Political Quotes

On the recordOctober 26, 2011
Mr. Chairman, there are two versions of this land bill: one with the Markey amendment and one without the Markey amendment. The difference is the version with the Markey amendment is a deal the American taxpayers should take. Without my amendment, this is a deal that takes the taxpayers. Without the Markey amendment, this land deal is a shell game, all about misdirection and surprise outcomes. We are urged to keep our eye on the beautiful surface acres the Federal Government would get in this deal and the unique payment scheme included in the bill. This is like the guy on the street who tells you to watch his right hand while his left hand is picking your pocket. This is not about the surface. This is about the copper and whether Rio Tinto will have to pay its fair value. And the fact is the payment scheme in this bill is completely--let me say it again--the payment scheme in this bill is completely speculative. It will be based on information only the company has access to and is subject to serious manipulation. In the end, Rio Tinto could end up paying absolutely nothing for the massive windfall they stand to receive from this legislation. With the Markey amendment, this bill is simple. It would require no guesswork on the part of the taxpayers. It would allow for no manipulation that could shortchange the American taxpayer.…
Said by
Ed Markey
Democratic · Massachusetts

Share & report

More from Ed Markey

Mar 25, 2025

Social Security is breaking down

msnbc.com
Mar 26, 2025

And it blows into the lungs of the people in Connecticut, Massachusetts, and Rhode Island. I yield to the Senator from Connecticut.

Congressional Record · 2025-03-26
Apr 9, 2025

Mr. President, I just want to reiterate what I said in my remarks--that ByteDance ownership in TikTok does create national security risks--but I also agree with my colleague. We just spoke. My colleague who just spoke said: Let's allow the…

Congressional Record · 2025-04-09
Apr 2, 2025

Mr. President, I thank Senator Kaine for his leadership on this issue. President Trump's new tariffs are not ``Liberation Day''; they are ``Obliteration Day.'' They are going to be remembered as something that raised taxes on every…

Congressional Record · 2025-04-02

Other voices in this conversation