Dave Camp: “This economy isn't growing. Last quarter's GDP showed 0.1 percent economic growth. It is essentially flat. Do we have…”

“This economy isn't growing. Last quarter's GDP showed 0.1 percent economic growth. It is essentially flat. Do we have any pro-growth ideas or policies coming from the other side? None. They seem to be happy with the way things are. But, frankly, Americans aren't. Americans think the country is going in the wrong direction. Americans think things aren't going to get better because--you know what?--they haven't been. Median incomes have been declining. So what we need to do is adopt something that is pro-growth. This is a policy that has wide bipartisan support. Republicans and Democrats have long supported the research and development tax credit. Do you know why? Because it allows companies to innovate, to create and refine medical products that help extend and make people's lives better. It helps small companies like one in my home State of Michigan that actually makes footwear for our soldiers and men and women in harm's way, and they continue to refine that product as they meet difficult conditions overseas. We need to innovate and grow. Democrats 71 times voted to extend this provision, unpaid for. The President, when he was in the Senate, voted twice to extend the R&D credit without paying for it. The President, twice, as President of the United States signed legislation that twice extended this credit without paying for it. Look, let's stop the charade. Let's be honest. This credit will be extended.…”