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Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2008

Floor Speech

By: Ed Markey
By: Ed Markey
Date: Sept. 26, 2008
Location: Washington, DC
Issues: Foreign Affairs


COMPREHENSIVE IRAN SANCTIONS, ACCOUNTABILITY, AND DIVESTMENT ACT OF 2008 -- (House of Representatives - September 26, 2008)

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Mr. MARKEY. Mr. Speaker, I rise in support of this legislation to increase some sanctions against Iran in response to it's ongoing nuclear program. One important provision, which I have fought for in my state of Massachusetts, is to grant State governments the authority to divest their funds from companies investing in Iran's petroleum sector.

But ladies and gentlemen, who are we kidding here? We just passed a bill which will break all the nonproliferation rules for India. And somehow we think doing that won't have any impact on our ability to prevent an Iranian bomb?

These policies are interconnected.

By breaking the rules for India, we're making it less likely that the rules will hold against Iran, or anyone else.

Iran is looking at the U.S.-India Nuclear Deal and they are saying, ``Where can I sign up? I want that deal!''

In our efforts to prevent Iran from building nuclear weapons, this bill moves us one step forward, but the India Nuclear Deal takes us 20 steps back.

If you want to prevent an Iranian nuclear bomb, you should vote for this bill, and you must vote against the U.S.-India Nuclear Deal.

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