Political Quotes

“let me pick up on what both of my colleagues have just said. Senator Schumer and Senator Crapo have both said how committed we are to getting this worked out today. And as Senator Schumer said, under his leadership, the Finance Committee--the chair and the ranking member--that is what we are going to be working on so that this actually happens. And I want to make sure everybody understands what that means. It means that while the President is in these crucial discussions right now in Europe, the Senate--in the most expedited way, which is to pass the House legislation today--would revoke permanent normal trade relations with Russia. And here is why that is so important. Vladimir Putin's inhumane conduct means that Russia has forfeited the right to the benefits of the international trade order that was established after World War II. And what the Senate can do by passing the House bill today would amount to the harshest economic consequences in a generation. Let me be specific about that. When we pass that legislation that came over from the House here in the Senate, it would immediately trigger a significant increase in tariffs on Russian-made products. Adding to that, the proposal also includes authority for the President to raise tariffs even higher in the future. These tariffs would directly level a significant set of restrictions on Putin's circle of oligarchs, who export everything from chemicals to plywood.…”