Political Quotes

“I rise today regarding an issue that is crucial to our country's economic future. In recent decades we have seen too many multinational corporations close factories in the United States while at the same time opening new plants in other countries, getting rid of American jobs and creating jobs overseas. It is wrong, and it strikes the heart of American competitiveness. Too many big businesses are engaged in this harmful race to the bottom. They are moving their business operations out of America to countries with lower wages and fewer worker protections, and they are costing Americans jobs. Businesses make decisions in order to make profits, which is usually good for jobs and growing our economy. But it is outrageous that American workers are forced to subsidize decisions that send American jobs overseas. Under our current Tax Code, corporations can claim a deduction for expenses associated with closing operations in the United States and moving them overseas. This is a fundamentally wrong policy that encourages multinational corporations to send jobs abroad. I believe that leveling the playing field for American workers should be a nonpartisan issue. That is why I have sponsored the Bring Jobs Home Act. I would like to thank my fellow sponsor, Senator Stabenow, for her tireless effort and work on behalf of American workers. I say to Senator Stabenow, you are respected around the country for your service and what you are doing.…”