Conference Report on H.R. 2194, Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010

Floor Speech

Ms. WASSERMAN SCHULTZ. Mr. Speaker, I rise today in support of approving stronger, tougher sanctions against Iran, protecting the security of the United States and sending a strong message that the U.S. government will not allow a nuclear-armed Iran.

As an original co-sponsor of the Comprehensive Iran Sanctions, Accountability, and Divestment Act, I am so proud that this Congress has put together the most comprehensive Iran sanctions legislation that the United States Congress has ever passed. It adds sanctions on refined petroleum, but more importantly, it broadens the categories of sanctionable activities by applying sanctions on those who sell Iran technology, services, or know-how that help the country develop its energy sector.

It can not be overstated: A nuclear-armed Iran is an urgent and deadly threat to peace and stability in the Middle East and at home. As citizens of the United States--a global power and nuclear leader--we have a priority to make sure that nuclear capability does not get into the wrong hands. We must protect ourselves, and our ally Israel, from the dangers of the Iran regime.

This legislation will help us quash Iran's continued attempts at developing nuclear weapons. With Tehran importing 25 to 40 percent of its refined petroleum needs, these economic sanctions will have a dramatic impact on Iran's economy. They are critical to suspending Iran's nuclear program and ensuring security and stability in the Middle East and at home.

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