Jun 26, 2009 -
Congressman Latham voiced his opposition to the cap-and-trade energy policy on Friday with the help of a visual aid to drive home his point that the legislation will force U.S. jobs overseas. In the middle of his speech on the floor of the House, Congressman Latham pulled from a box marked ‘To China from the U.S. Congress,’ a hardhat with the words ‘American Jobs’ written on it.
A transcript of Congressman Latham’s remarks follow below as well as a video of the floor speech:
Everyone understands that we’re in the middle of a very difficult downturn in the economy, a recession. It’s difficult enough today to create jobs. We have the second highest tax rate in the world. We have the most onerous regulatory burden in the world. We have the most litigation in the world. So how do we create new jobs? Well, it’s not with this tax and cap bill. I tell you, in China today they must think that Christmas is coming in June. If you look at this box here, it says, ‘To China from the U.S. Congress.’ Well, let’s see what’s inside of it, okay?
[At this point, Congressman Latham reaches into the box and pulls out a hardhat with the words ‘American Jobs’ written on it.]
That’s what’s inside of it, is U.S. jobs. This is going to cost 17,000 jobs in Iowa in 2012 and each year after that. Nationwide, two-and-a-half to 3 million jobs will be lost because of this bill. If we’re going to do anything to help the economy, let’s not put another burden, let’s not make us less competitive in the world, let’s not destroy hope for the next generation, which this bill does. Please vote ‘no’ and save our country.
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