Political Quotes

On the recordNovember 9, 2017
Regular order is having hearings and witnesses, is it not? I yield to the gentleman from California. Mr. McCARTHY. Mr. Speaker, for the last three decades, we have done that, and I don't think the American people want to continue to wait. I know we go through this every week, time and again, and so I can quote you back the number of hearings. I can quote you back what people even ran a campaign on and put out to the American public. But what is most important that I can quote to you is the lack of growth that has happened, how much people have to pay in taxes, the trillions of dollars that are sitting overseas. What I have found time and again, and I know we have talked about this before, but just by the introduction of our bill, I was sitting in the Oval Office last week and there was a company there, Broadcom, that was created in America, but because of our Tax Code, they were forced to leave America to try to be competitive. {time} 1130 They looked at this bill, and they told me a couple of days before: If you really believe this bill is going to pass, we will come back. When they come back, that is $20 billion in revenue each year. They will spend another $3 billion each year on R&D. Then they will spend $6 billion in manufacturing. The gentleman and I have had so many discussions about how to bring manufacturing jobs back. That is why I am so excited about this bill coming to the floor the next week.
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Nov 9, 2017

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