Political Quotes

On the recordFebruary 11, 2016
To address a problem that has impacted our country for generations, some of our problem-solving colleagues have devised a surefire remedy. They are demanding another government report. Instead of actually voting to prevent more debt when they had the opportunity, they want a report. Approval of this motion will not kill the report, it will not kill the bill, nor will it send it back to committee. Rather, the bill will immediately proceed to final passage, as amended, but it will be a more complete report that more completely describes the problem with which we are dealing. Some of my Republican colleagues have a near insatiable desire for tax cuts that don't pay for themselves. They don't mind borrowing from foreign sources to provide more tax preferences to Wall Street or the privileged few. This motion would simply expose the cost of this false ideology. It would add a requirement that the public just find out how much these special-interest tax loopholes cost. Specifically, this report would be expanded to include inversions. These are schemes by which some multinational corporations are renouncing their American charter, their American citizenship, in order to dodge taxes, while continuing to remain in America and claim the benefits of being American, paid for by their business competitors and other taxpayers.…
Said by
Lloyd Doggett
Democratic · Texas
Source
govinfo.gov
Feb 11, 2016

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