House Proceeding on Jun 10th, 2009 :: 0:22:45 to 0:24:00
Total video length: 1 hours 39 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Views:183 Duration: 0:01:15 Discussion

Previous speech:

Next speech:

0:22:41 to 0:23:02( Edit History Discussion )

David G. Reichert: to keep in mind those who are devastated in a similar way th i yield back my time. the what purpose does the gentleman from washington rise? >> request permission to address the house for one minute. objection, the gentleman is recognized for one minute. mr. reichert: thank you, mr. speaker. american jobs are being threatened by new proposals to tax the earnings of american employers operating in markets around the world.

0:22:45 to 0:24:00( Edit History Discussion )
Speech By: David G. Reichert

0:23:03 to 0:23:23( Edit History Discussion )

David G. Reichert: we cannot forget that we are in a global economy. america cannot just be a participant in this global economy but they have to lead in this global economy in the middle of a downturn it makes no sense to eliminate a tax incentive like deferral that american emplors need to compete in a global marketplace and create american jobs at

0:23:24 to 0:23:44( Edit History Discussion )

David G. Reichert: home. eliminating tax incentives like deferral would send u.s. overseas and almost make it impossib for us to compete with china, india, and europe. raising taxes on the earnings u.s. companies discourages investments at home and increases the cost of employing u.s. workers. one. largest employees in my

0:23:45 to 0:24:00( Edit History Discussion )

David G. Reichert: district, microsoft, said last week raising these taxes on their foreign earnings would force them to move thousands of employees out of the united states. congress must help to protect, promote, and create jobs at home by encouraging american employers to invest and engag