I will have more to say later, but I do want to express my disappointment by the vote today, especially the actions of my colleagues on the other side of the aisle. This legislation is essential if we are to accelerate the rate of job creation. The JOBS bill will bring our trade and tax laws into compliance with our trade agreements. It will also provide badly needed reforms to further stimulate manufacturing growth. As I mentioned prior to the vote, the bill was developed in a strong bipartisan fashion under the superb leadership of Chairman Grassley and Senator Baucus. It was voted out of the Finance Committee 19 to 2. Every single Democrat on the committee voted in favor of the bill. That is why I am very concerned that the Democrats have now decided to filibuster yet another bill for what may be election year partisan purposes. It is a terrible mistake and one that will have a detrimental impact on the recovery of U.S. manufacturing jobs. Every day we delay action on this bill is another day American jobs are at risk, and every day of delay is inexcusable. As I mentioned, the European tariffs have already been imposed. The tariffs, in effect, are a European tax on U.S. manufacturers. By voting against cloture, our Democratic colleagues have voted, in effect, in support of the Euro tax on U.S. manufacturing. I had hoped our colleagues on the other side of the aisle would have been able to find the wherewithal to do the right thing.
Editor's note · Context
Expressing disappointment over a vote related to the JOBS bill and its impact on job creation.
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