According to the Small Business Administration, more than 70 percent of all family businesses do not survive through the second generation, and 8 percent do not make it to a third.
I pointed out on the floor last year, after Hurricane Katrina, we were very proud that one of our National Guard engineering battalions was called to Louisiana. And they did a magnificent job.
Remember, we know the end of the story of World War II and the Cold War. But day by day, living in fear of the Nazis and then in fear of the Soviets, the outcome was by no means certain.
The death tax is one of the leading causes of the dissolution of small businesses.
America demands invention and innovation to succeed.
The death tax punishes the American dream - making it virtually impossible for the average American family to build wealth across generations.
Workers come to America to fill jobs unwanted by Americans, but they are staying and they are not going home.
Our National Guard, as I think everybody knows, has provided about 40 percent of the boots on the ground in Iraq and in the conflict against Islamofascism. They went into that battle, being called up for their national security service, short of equipment.
America's workers face a battle for their jobs. They are the finest workers in the world. American workers grow, harvest, and mine some of the world's highest quality and most plentiful raw materials.
As the Senator from Vermont was kind enough to note, I did have the experience of being commander in chief of our National Guard in Missouri for 8 years.
For this reason, it is essential that our Nation's rural transportation professionals be provided with the necessary tools and support to promote and showcase the value, benefits, and accomplishments of rural transportation planning and development.
One of the most widespread myths about the deal is that the Administration is outsourcing the security of our ports to a company from the United Arab Emirates.
Similarly, today, we do not know what will happen as we wage the War on Terror. We do know that we can count on the strong support from our closest ally and friend in the world in winning this war to secure our freedoms and the freedoms for all peoples throughout the world.
The U.S. is looking to India as more then just a marketplace for our defense products, but as a technology, aerospace and strategic partner for our future endeavors.
I don't think anyone who has followed the progress of the Islamofascist terrorists who have threatened us believe we are going to be safe if we try a fortress mentality, to step back and say no one is going to hit us, they don't care about the United States. They do.
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