The best thing that Washington can do for small business is to provide certainty, and that means both tax and regulatory certainty.

This is not just rhetoric. In North Dakota, we have seen it work, and we have also seen what uncertainty can do to disrupt positive growth.

Our goal ought to be to ensure America remains the strongest economy in the world for the next 100 years.

We are buying a car but we are only driving it one month installment at a time.

We must ensure that America remains the center of innovation for years to come.

I also appreciate the testimony of our committee colleague, Mr. Reichert, regarding the production tax credit, and I associate myself with his remarks.

America is the world's largest innovator, but we are falling behind our competitors.

You do not raise taxes in a recession, which is why we have not and why instead we have cut taxes.

As long as we provide deductions for state and local income taxes, we clearly out of fairness ought to do the same for state and local sales taxes.

Not only do we risk the loss of R&D innovation in America, but our Tax Code, when these companies compete around the world, they are punished to bring home those profits.

Our country works best when we provide entrepreneurs and innovators the opportunity to thrive and create.