Political Quotes

On the recordJuly 19, 2005
this is about reducing the trade deficit with China, about creating American jobs, and about creating high-tech, high-quality, good-paying jobs in America, to build something that we cannot export to China, something that we cannot build here and send to China, something that China desperately needs. As the Senator from California said, it will reduce emissions in China. The reason we will get this contract is because we have the best technology. AP-1000 is the best technology. They are not going to buy the best technology if we are uncompetitive in the financing and because of the subsidies of the French and Russian Governments. We are trying to put up the best technology, developed with the best know-how, which is what the Senator from Oklahoma said we should be doing, but we cannot compete on an uneven playing field. This will even up the playing field. It costs nothing to the taxpayers. There is an exposure fee covering the credit risk. In all likelihood, there will be a guarantee. If anybody believes the Chinese Government will not come through on their guarantee, I have a bridge to sell you. Thank you. The PRESIDING OFFICER. The Senator from California.
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Rick Santorum
Republican · Pennsylvania

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