Ending the manipulation would reduce the trade deficit by as much as $500 billion in 3 years, increase annual GDP by between $300 and $700 billion, and create 2.3 to 5.8 million new jobs.
Chuck Schumer
The Public Record
Chuck Schumer is an American politician serving as the senior United States senator from New York since 1999. A member of the Democratic Party, he has held the position of Senate Majority Leader since January 2021, making him one of the most prominent figures in the U.S. Senate. Schumer previously served in the U.S. House of Representatives from 1981 to 1999, representing New York's 9th congressional district. Throughout his career, he has focused on issues such as healthcare, infrastructure, and economic development, often advocating for policies that benefit working families and promote social justice.
Strong language on currency manipulation is a vital first step to earning Democratic support to passing TPP in the Senate.
The challenge is to figure out, with our colleagues on both sides of the aisle, the appropriate oversight of preparers.
We begin the effort at overhauling the tax system and particularly making it simpler, doing it in a bipartisan way.
Last week, in this room, on a bipartisan basis, our committee committed to dealing with what are called the tax extenders.
My concern about voluntary compliance is it really does not deal with the scofflaws.
HEARING--ELECTION ADMINISTRATION: INNOVATION, ADMINISTRATIVE IMPROVEMENTS AND COST SAVINGS
I talked to Mayor de Blasio within the last hour about this. He called me, which shows his concern, which I appreciate.
If you make the program so onerous and you have got to dot the 'I' and cross the 't' 48 times before you get a nickel, something is wrong.
If people had $80,000 of damage and got $70,000 from their insurance company, the only amount we want them to get is $10,000.
You obviously want to see the money only go to people who need it and deserve it.
Zero dollars for New York City makes you scratch your head and wonder if something is wrong with the way they set it up.
It has been over 18 months since Sandy. I have heard from small business owners who want these loans and are not getting them.
I met with the Army Corps of Engineers yesterday, in fact, on this, Colonel Owens; talked, in fact, to Congressman Bishop yesterday; and we are making good progress on getting that money available.
We miss him--that this is just the type of project we envisioned, a large essential public works project, susceptible to major flooding.
I can tell you, as the author of the bill here in the Senate, along with Senators Menendez, Gillibrand, and--is there another Senator?
So for several Congresses, I have introduced--Congressman Gingrich was a sponsor, Senator Santorum, so it has real bipartisan support--the ASPIRE Act, which would establish a universal child savings account with Federal seed funding and…





