Jim Renacci: “It is really clear that our international tax system is outdated and anticompetitive, our current rules discourage…”

It was the economy that was moving. The problem is, we keep narrowing ourselves down to the tax cuts.

In my business world, if you came to me and told me revenues were going to increase by 66 percent, I would say, 'We are going to have some record good years.'

We have got some serious problems. Not on the revenue side, because we are growing 60 percent. We have got problems in the spending side because we are growing 80 percent over 10 years.

Because too many times, we make decisions based on the next election, not the next generation.