Pete Sessions: “Madam Speaker, last night at the Rules Committee, we had a very vigorous and spirited debate. It is continuing, although…”

“Madam Speaker, last night at the Rules Committee, we had a very vigorous and spirited debate. It is continuing, although with less fervency, on the floor today about the insistence of the Democratic Party to blame corporations for the ills, blame George Bush for all the problems, when, in fact, it's been 15 straight months of unemployment, over 9.5 percent that the Democratic Party is personally responsible for. The substance of this bill is not just about teachers. We already know it's about a lot of other issues. One of them is about the competitiveness of America as we do business overseas. The U.S. Chamber says about this bill, it 'would impose draconian tax increases on American worldwide companies that would hinder job creation, decrease the competitiveness of American businesses, and deter economic growth.' Madam Speaker, the Democratic Party is hung up on this issue, and yet they will blame George Bush for the bad legislation that they passed. The facts of the case are simple. Americans invest in the stock market, American companies need to seek markets all around the world, and this bill will make it far, far more difficult for American companies to invest in their operations that make money.”