We are having to not just compete head to head, but we are shrinking as American companies, relative to the size we should be, because of our tax code.
The problem here is not Caterpillar. It is a broken tax code.
I think that is very likely. In fact, you would see a lot of repatriation, wouldn't you, of the nearly $2 trillion that ...
So we are talking about U.S. jobs here being supported by U.S. companies having access to foreign markets.
U.S. companies are competing globally at a disadvantage given that we have a relatively high rate.
This all just cries out for reform, and if we do not do that, we are going to continue to see an erosion of U.S. jobs.
This is legislation that is bipartisan, Senator Claire McCaskill and others, streamlines and improves the Federal permit...
we all believe, as Senator King had said, that regulation is necessary, an important function of government.
I appreciate your being here. You probably have the most important job in Washington that nobody knows about.
We do not address the big issue, which is mandatory spending.
The mandatory side of the budget, which is the part we do not appropriate every year, is now two-thirds of the budget.