Political Quotes

“This transportation conference bill is appropriately focused on the transportation systems, on improving them and sustaining them across our country. But there is one important provision of this measure, as approved by the United States Senate, that deals with transportation networks of a different type. Those are the secret networks that lead to the exporting of jobs and of revenues that ought to be used in the financing of the operations of the essential services and national defense of our country. This motion is very narrow, very directed. Since that particular provision concerning ``stop tax haven abuse'' was not included in the House bill, it simply instructs the conferees to recede to the version approved by the Senate. This is an important provision. It is a provision that will authorize special measures against foreign governments and financial institutions. Here is the key language of the amendment as adopted by the Senate: ``that significantly impede U.S. tax enforcement.'' This provision will be just one more tool that is available for the Treasury to address what some have estimated is as much as $100 billion a year that is drained from the United States Treasury as a result of offshore tax abuses.…”