On the recordJune 10, 2014
Madam Chair, I am in favor of the amendment. Hopefully, from the silence that we have heard, there is bipartisan support for this amendment because I know there is a bipartisan commitment here that competition is very much the American way. If you have two companies, as happens all over America, competing on different government contracts, we usually come out with the best result from that competition. But the question with this amendment, which I am pleased to join the gentlelady from Connecticut in offering today, is whether we ought to advantage companies that renounce their American citizenship in favor of finding an office on the beach in Bermuda or in Ugland House in the Cayman Islands. {time} 1715 The other company is an American company, not only when it comes time to put its hand out for a government contract but also when it comes time to put its hand out to pay the taxes that it earned on its American business. Which one of these companies should have a competitive advantage? I think it is the one that stayed home and was an American, patriotic company and did not dodge its part of the responsibility for paying for our national security, which is so important to international commerce, and for other vital services. American companies that stay and contribute to building America and that keep her secure at home and abroad deserve a level playing field, and that is all that this amendment does.…





