Today, I delivered a major policy speech on the role of manufacturing in building a strong and competitive economy, and introduced a new list of bills as part of the Democrats’ Make It In America jobs plan. Manufacturing has led our economic recovery over the past two years, and I am committed to strengthening the industry by focusing on the Make It In America plan – a comprehensive agenda to create the conditions necessary to help businesses manufacture goods, innovate, and create jobs here in Maryland and across the U.S. It includes investments that will keep America competitiveand allow us to out-educate, out-innovate, and out-build our competitors across the globe.
Since the plan was introduced two years ago, President Obama has signed ten Make It In America bills into law. Many of those bills enjoyed bipartisan support, and several of the new bills highlighted in my speech today are supported by Members on both sides of the aisle, as well as business and labor. I will be urging both Democrats and Republicans to work together to pass additional bills so that we can grow our economy, create jobs, increase American competitiveness, and ensure Maryland businesses and families can Make It In America.
As always, thank you for allowing me to share this information with you, and please continue to share your concerns and insights with me by contacting my office or connecting with me on Facebook, Twitter, or YouTube.
“House Minority Whip Steny H. Hoyer on Monday called on Congress to take quick action on pending legislation that could spur U.S. manufacturing growth.”
“The Maryland Democrat’s legislative prescription for expanding manufacturing growth included some bills that have drawn bipartisan support and touched on themes House Republicans plan to advance this month — including reducing tax and regulatory complexity.”
“Legislation that Hoyer said would help spur manufacturing expansion included a bill (HR 5542) sponsored by Rep. Bill Pascrell Jr., D-N.J., that would eliminate a tax deduction for moving expenses for companies shipping jobs overseas and offer a new tax credit to companies moving jobs back into the United States.”
“Hoyer also called for action on a package of temporary suspensions of some tariffs, particularly for specific imported items that do not compete with U.S.-made products. The miscellaneous tariff suspension bills have drawn support from Democrats and Republicans on the Ways and Means Committee. Hoyer specifically called for action on a measure that would eliminate tariffs on imported raw materials that are used by U.S. manufacturers but are not produced domestically. Ways and Means has posted for several weeks more than 1,000 tariff relief measures sponsored by dozens of lawmakers from each party, with the expectation of bipartisan action this year.”
“The Democrats’ manufacturing agenda also includes two job-training measures. One of them, backed by Rep. John F. Tierney, D-Mass., would reauthorize the Workforce Investment Act (HR 4227), which is designed to help manufacturers expand their skilled workforce. Republicans on the Education and the Workforce Committee last month approved a separate workforce training measure. Hoyer also called for action on a workforce training measure (HR 4249) backed by Rep. Kathy Hochul, D-N.Y. The bill would provide a tax credit to employers that work with educational institutions on job training.”
“Another feature of Hoyer’s manufacturing agenda is a bill (HR 1338) by Rep. Albio Sires, D-N.J., to create a strategic transportation plan for freight carriers. The bill would designate priority freight corridors and gateways.”
“He also embraced a bill (HR 3057) by Reps. Billy Long, R-Mo., and Linda T. Sánchez, D-Calif., that would create new procedures for investigating international-trade claims of foreign manufacturers.”
“Hoyer said the legislation is needed to help reverse recent weak jobs growth, including a slowdown in manufacturing. ‘Just last week, the Institute of Supply Management reported that June was the first month that the manufacturing sector contracted since July 2009,’ Hoyer said. ‘And today, U.S. manufacturers are expected to announce that growth in first quarter earnings this year was the slowest since 2009. We cannot let this become a trend.’”