On the recordNovember 15, 2017
Mr. President, I would like to take this opportunity to express my appreciation to the Senator from Iowa for her remarks. Once again, we call this midwestern common sense. Let me finish this colloquy today with a few thoughts. First of all, we want tax reform, but what we want first is a healthier economy. That is what the people of the United States want. They want the ability to compete. Over the last 10 years, there have been 4,700 businesses that have left our shores and moved overseas. The reason is that they can survive better by leaving our country and going someplace else because of the tax consequences of doing so. When we talk about the direction in which we want to go in this country, we want the people of America to understand that our goal with this entire package is to make things better for the American public. That means a healthier economy for them. It also means, by doing so, that they will see the bottom line in their own pockets--more money that they can spend that otherwise would go to the Federal Government. At the same time, businesses that may have left and taken their jobs and the opportunities to invest their dollars--we want them back in the United States again, hiring more people and paying better wages. We think that over the last 10 years, the American public hasn't seen those higher wages because the competition for jobs has moved offshore into other parts of the world where there is a more competitive tax climate.…





