06/17/2009
https://www.congress.gov...
"Why should those revenues that would come from closing those corporate tax loopholes not be used for any number of extremely important goals from deficit reduction to ending sequestration?"
"A bunch of these loopholes that are being used to drain our Treasury, to ship money offshore, serve no economic purpose."
"Why not close those egregious, unjustifiable loopholes, that are costing our Treasury so much money, and use that revenue to end sequestration this year and next year?"
"I think that tax reform, as you talk about it generically, needs to contribute to the deficit reduction effort."