January 24, 2012

Wyden Response to the President’s State of the Union Address

Washington, D.C.U.S. Senator Ron Wyden (D-Ore.) released the following statement in response to President Obama’s State of the Union Address:

“President Obama laid out his plan to help hard working Americans get back on their feet and rebuild an economy devastated by the financial collapse of 2008. One of the most encouraging things I heard from the President tonight was his interest in ending the perverse incentives that the broken tax code gives to American businesses to ship jobs overseas. Revamping our tax code and particularly scrapping those incentives will mean more job creation in the U.S. and more opportunities to support a middle class that has seen their prospects diminish for decades.

The President is right when he says that unfair trade practices have made it harder for U.S. manufacturers in the green goods sector and others to compete with their Chinese counterparts. With increased enforcement we can level the playing field for American workers and I look forward to working with him and the Administration to improve enforcement of our trade laws. ”