House Speaker Paul Ryan laid out his political priorities for the coming year during a visit to a Waukesha County manufacturing plant on Friday — but would not wade into presidential candidate Donald Trump’s recent comments about Ryan and Pope Francis.
Ryan said the nation needs to jump-start the economy, create more jobs, lower corporate tax rates and balance the federal budget.
“If we do not lower tax rates … we’re going to lose businesses and jobs” to countries overseas, said Ryan, referencing Wisconsin-based Johnson Controls’ recently announced plans to move its headquarters to Ireland.
“Right now … there is $2 trillion in capital Americans have invested overseas because of our tax laws,” he said. “We want American businesses to stay American.”
Ryan spoke at a reception Friday after a tour at New Berlin-based Midland Plastics Inc., a privately held company in business since 1945 that bills itself as one of the oldest and largest plastic suppliers in the Midwest. He was introduced by Waukesha County Executive Paul Farrow, who called him a “good old Wisconsin boy who understands Wisconsin values and how we want to change the way they do business in Washington.”