Debbie Dingell: “this is a bad bill and a bad rule. It is unfair. It is a bill which could best be entitled ``leave no millionaire…”

“this is a bad bill and a bad rule. It is unfair. It is a bill which could best be entitled ``leave no millionaire behind.'' It has not worked before, it will not work again. If this bill passes, it will cost my State of Michigan $111 million in revenue. I would note that the millionaires will get $100,000 a year back. Ordinary citizens are going to be lucky if they get $100. It is going to raid Social Security, Medicare and Medicaid. It is going to put the education of our kids at risk, and put our State and local governments in more of a straitjacket than they already are financially. I would note there is one outrageous provision in this piece of legislation which defines American corporations like Chrysler, Mazda, National Steel and BASF as foreigners. Chrysler employs better than 100,000 American workers and contributes to the American economy better than 1 percent of its total gross domestic product. I would urge the President or my Republican friends over there to come back to Michigan to see the new plant being built at Dundee, Michigan, to provide jobs and opportunities for the American people. This is an outrageous procedure, an outrageous bill, and it should be voted down.”