Claire McCaskill

So does any of the proceeds of the many thousands of dollars you have taken from me over the years, do any of the proceeds of that actually get parked in Ireland or in any of the international companies under the aegis of intellectual…

If Ireland recruited you back when you were a $100 million company and gave you a really good deal, how do we, if we are setting tax policy, how do we do it in a way that there is not going to be--

I certainly understand that what you all have engaged in is what every good American business does, and that is, tax planning.

I think you're on the losing side potentially of a very bad public relations situation if you're not careful.

So it looks like we have a solution, Mr. Bainwol. How about one percent?

But you understand the point I'm making?

Thank you very much, Ms. Faulkner.

Let's make sure that it's actual loss of use, so nobody can use the slow season to milk you guys.

The Raechel and Jacqueline Houck Safe Rental Car Act promotes common sense consumer protections that will guard America's rental car patrons wherever they drive.

I hope and pray that you will vote to enact this Act, named for Raechel and Jacqueline.

We owe it to Raechel and Jacqueline. We owe it to their family. We owe it to all families.

I also ask unanimous consent that the statements and letters of support from a coalition of consumer groups... be entered into the record.

But let me be clear on one point--we will not vitiate the core principle of this bill.

But after you license them and you loan them or you rent them, I assume you're going to sell them?

We then pro-actively engaged in a dialogue with the staffs of Sens. Schumer, Boxer, McCaskill and Blunt.

I hope to have a productive discussion today that leads to the enactment of common sense legislation for the stakeholders represented today and, most importantly, for the consumers.

A bill that recognizes and embraces public safety as a top priority.

I think that when you start carving out whole causes of action from the Federal level, it gets to be a pretty dicey proposition.

Legislation we will examine today would change that.

This hearing will come to order. Thank you all for being here.

Currently there is no federally mandated obligation for rental car companies to repair safety defects following a safety recall.

The rental car industry was adamantly opposed.

Understand that voluntary is voluntary, and they could change their minds tomorrow.

Isn't it profitable? I mean, I remember once upon a time I was very involved in a car dealership...

I think I want to start out by just making a statement that all car rental companies sell cars and the vast majority of car dealerships rent cars.