Political Quotes

“Mr. President, maybe I can help a little bit with clearing it up. Everyone thinks that all of a sudden, that at the end of the year, the first of the year, that the automobile industry in the United States, in order to get any credit at all, had to have 100 percent of the sourcing done from North America or free trade country agreements, such as Australia, Chile--different people that have a tremendous amount of resources--but those are going to China now for processing. The first year is 40 percent. All we are saying is we ought to at least be able to source 40 percent the first year from the favored trading countries we have and ourselves to get us into this. And then it goes up 10 percent every year. Most reasonable, most reasonable. Why the IRS did not do that their job, I can't tell you, unless their intent was never to try to comply with what we passed. They have known all along what this bill was, unless they just basically drug their feet intentionally and not only this--let me just tell you the other thing I couldn't really believe. They would pick and choose. They didn't basically just say: Well, I am sorry. We don't have rules and regulations. So it can't go into effect. Or we are going to leave it like it was at $7,500. No, no, no, they chose. They like what we did with putting a cap on what your salary could be in order to get to $7,500. They used that. That wasn't there before. They used that part of it.…”