Political Quotes

“I thank the gentleman for that information with reference to the legislation for next week. He leads with a bill that is entitled American Research and Competitiveness Act of 2014. As the gentleman knows, we have an agenda which I have talked to him about briefly. We call it Make It In America, which is essentially about growing manufacturing and encouraging manufacturers to return to the United States and encouraging people when they want to go into manufacturing to do so here in America. Not only will that provide for a ``Made in America'' label all over the world, but it will also provide the kind of middle class jobs and opportunities that we need. Part of that agenda, I will tell my friend, is to make permanent the research and development tax credit. This bill does that. This bill also costs somewhere in the neighborhood of $150 billion, maybe a little less, over 10 years. It is unpaid for. The series of bills that were passed by the Ways and Means Committee will cost $310 billion. They are also unpaid for. I suggest to my friend--and as he knows, I preach relatively regularly that one of the things that we need to do for the business community and for America is to get ourselves on a fiscally sustainable path. Mr. Camp offered a comprehensive piece of legislation, Mr. Leader, as you know, which I think was an honest effort, but it also made hard choices. It made hard choices not to increase the deficit and, therefore, provided offsets for tax cuts.…”