Vehicle for Trade Promotion Authority (H.R. 1314)
May 21 2015 04:03 PM
Senator Boxer: (2:54 PM)
- Spoke on trade.
- "I have a very simple amendment. I'm fighting to get a vote on. Listen to what it is. It simply says you cannot get fast-track authority to negotiate with any country that doesn't pay at least a $2 minimum wage. And I know if I ask the people who are watching this debate here and at home, do you know that out of the 12 countries we're negotiating with, seven, seven of them have less than a a $2 minimum wage … Now, we have 12 million manufacturing jobs left in this nation of ours, this great, the greatest of nations. What kind of chance do they have? Do you know I cannot get this amendment up for a vote."
Senator Carper: (3:02 PM)
- Spoke on the highway trust fund.
- "We need to find a long-term solution that we can agree on to fix this problem, and we need to do it this summer. We don't need to do it this fall. We don't need to do it next winter. We need to do it this summer. Again, I talked about kicking the can into a presidential year. If we don't do it this summer, my fear is we won't do it at all. At least not for a long-term bill. Many of my colleagues have said that we must wait until we can enact a comprehensive tax reform that creates revenues to solve this problem. As a strong support of tax reform, I hope we can find a way to reform our tax code, find a way to generate revenues that can be used to invest in our roads, highways and bridges and transportation systems. I understand this idea has support not just from President Obama but also from our House, Ways and Means Committee Chairman Paul Ryan. That is encouraging. One thing I know for sure is that that idea is a lot better than kicking the can down the road."\
Senator Ayotte: (3:27 PM)
- Spoke on trade.
- "And one thing I want to touch upon, the critics of this bank, I look at this and I wonder we're competing in a global economy and so many of our competitors actually are offering even greater financing mechanisms to their businesses, and so without this opportunity for our businesses, we're putting ourselves at a competitive disadvantage. And in fact, the Ex-Im Bank actually has a lower, lower default rate than commercial loans and returns money to the Treasury, returns money to the treasury. So I wish the question was for every federal program and every agency in Washington, if the question were for me what the Ex-Im question is, it creates American jobs and returns money to the Treasury to help pay down our debt, if that were the question with every federal agency, that would be a lot easier question, wouldn't it be, and we would probably be a lot farther along to dealing with our $18 trillion in debt. So to me this is one that allows us to create more New Hampshire jobs, more American jobs. We've got to get this done. I'm glad that we have a commitment to have a vote on it in this body to allow us to reauthorize it before it expires, and again, returning money to the Treasury and creating American jobs."
Senator Murphy: (3:46 PM)
- Spoke on ObamaCare.
- "The Republican response to King V. Burwell is simply to repeal the Affordable Care Act. And I hope that we never get to the point where we have to debate how we address an adverse decision in the King V. Burwell decision, but this is a nonstarter. And everyone inside this building and outside this building should understand that. I don't think it's a coincidence at all 30-something cosponsors of the Johnson bill also support repealing the Affordable Care Act. But you can't deny that it's working from "The New York Times" to "The Washington Post" to "The Wall Street Journal," people understand that the Affordable Care Act is changing people's lives. 16 million people with insurance. Health care costs stabilize for the first time in many of our lifetimes, quality getting better."