Political Quotes

“recently we passed legislation to protect families hurt in this recession by extending unemployment protection for an additional 13 weeks. It was the right thing to do. Now let's finish the job by helping them get back to work. Let's pass a stimulus bill that will jump start the economy and create more employment. I am introducing a bill that will encourage business investment in new equipment and technology by offering a 30-percent depreciation bonus on capital goods with a depreciation life of 20 years for less as defined by IRS. The bonus would apply to purchases made by the end of 2003 to encourage spending now, not years from now. This depreciation bonus is a broad-based incentive that would help businesses both large and small in almost every sector of our economy. The IRS list of qualifying industries and equipment runs nine pages in very small type and there's not much that isn't covered. It would help industries from autos to agriculture, from construction to computers, from energy to electronics, and more. And not only would this bill help the manufacturing industries that make these products, spurring employment, but it would also help the businesses that buy these products by making their workers more productive. I count this as a win/win situation.”