President Obama recently recognized the leadership of Congressman Lloyd Doggett for his work to close tax loopholes and end the use of tax havens. To view a video of the President's remarks click here.

In response to the President's remarks, Congressman Doggett said "Tax haven abuse ships both American jobs and tax dollars overseas. With White House leadership, we can finally win approval of our legislation to shut down offshore tax cheats. Restoring tax fairness means working Americans and small businesses won't have to cover for well-heeled tax dodgers. I am pleased that President Obama is making this a priority."

Congressman Doggett has introduced HR 1265, the Stop Tax Haven Abuse Act, to curb efforts to evade taxes by hiding money in offshore tax havens. HR 1265 was previously endorsed by Treasury Secretary Tim Geithner in testimony before the House Ways and Means Committee. Click here to view a video of Congressman Doggett's exchange with Secretary Geithner.