Sunday, August 1, 2010

House Approves Legislation To Boost Manufacturing

Wall Street Journal (Raice, Dow Jones Newswires) - House passes bills to boost US manufacturing...was part of the larger "Make it in America" agenda from House Democrats. One of the bills, the National Manufacturing Strategy Act, would require the President to submit a four-year national manufacturing strategy policy plan to Congress. Sponsor Daniel Lipinski (D, IL) said, "After 110 years as the world's top manufacturing country, the United States is about to lose that perch to China. ... But American manufacturing job loss is not inevitable and I do not accept the notion that there's nothing we can do." The bill passed 379 to 38. While they supported it, some Republicans said it didn't do enough. Ed Whitfield (R, KY) said, "Creating another commission, another strategy, another report falls far short of a solution." Hat Tip: NAM

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