On the recordDecember 1, 2017
what our friend from West Virginia is proposing is to make the United States uncompetitive in a global economy. Right now, we have the highest tax rate in the industrialized world, and what we are doing is lowering that tax rate to make us competitive and in so doing, taking the advice of Barack Obama in his 2011 State of the Union message; advice from the Democratic leader, Senator Schumer; and Senator Wyden, the ranking member of the Finance Committee, who has recommended a lower rate than that contained in this motion to recommit. We think we should take the advice of President Obama, President Clinton, Senator Wyden, Minority Leader Schumer, and other prominent Democrats--the advice they have given us over the last few years to lower these corporate rates and make us more competitive so we can bring jobs back home, improve wages, and get the economy growing again so people can pursue their American dreams. I would encourage our colleagues to defeat this motion to commit. The PRESIDING OFFICER. The Senator from West Virginia.
Source
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