Political Quotes

“today the Senate begins another very busy work period. I am confident this work period will be productive. Tonight, the Senate will vote to begin debate on legislation to curb China's unfair currency manipulation. I expect strong bipartisan support to move this legislation forward. There have been conversations between the bipartisan supporters of this legislation in the House of Representatives and the administration. My colleagues--both Democrats and Republicans--agree that China's deliberate actions to devalue its currency give its goods an unfair competitive advantage in the marketplace. Their goods do not deserve that. That is not fair. It hurts our economy and it costs American jobs. In the last decade alone, we have lost more than 1 million American jobs to China because of this trade deficit fueled by currency manipulation. A massive trade deficit is one of the reasons for our unsustainable unemployment rate. This legislation we are going to move to will even the playing field and help American goods compete in a global market and help keep American jobs here at home. Democrats believe there is no problem facing this Nation that deserves our attention more than the jobs crisis. This bill is part of the effort to get our economy back on track and put Americans back to work. If China stops the practices that artificially tip the scales in its favor, it would create 1.6 million American jobs fairly quickly.…”