are you not concerned about the competitive trade advantage that these kinds of numbers show?
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 b...
If we brought our bill to a vote on the floor of the Senate, it would pass again with broad bipartisan support.
Strong language on currency manipulation is a vital first step to earning Democratic support to passing TPP in the Senate.
It has been 18 years since the Treasury Department has designated any country a currency manipulator.
The challenge is to figure out, with our colleagues on both sides of the aisle, the appropriate oversight of preparers.
We called the proposal the EXPIRE Act because it was meant to expire.
My concern about voluntary compliance is it really does not deal with the scofflaws.
Last week, in this room, on a bipartisan basis, our committee committed to dealing with what are called the tax extenders.
We begin the effort at overhauling the tax system and particularly making it simpler, doing it in a bipartisan way.
I talked to Mayor de Blasio within the last hour about this. He called me, which shows his concern, which I appreciate.