On the recordMay 21, 2015
Let me note that the commercial space industry has not cost us taxpayers' money. The commercial space industry has generated billions and billions of dollars worth of income to honest citizens who then pay their taxes--who wouldn't have jobs otherwise--not to mention, of course, the billions of dollars the commercial space industry has saved us simply by doing a more efficient job at launching satellites and at supplying the space station than could be done by the public sector--by NASA and other government employees. H.R. 2262, the SPACE Act of 2015, builds on the House Science, Space, and Technology's bipartisan tradition of promoting economic growth in America. Today, we are talking about that economic growth in terms of an emerging, new, entrepreneurial industry that is tremendously beneficial to the bottom line of America--the billions of dollars that it is creating with a new, innovative approach to an industry that goes into space in order to accomplish its missions. The SPACE Act of 2015 specifically continues the streamlined regulatory regime that Congress put in place for commercial human spaceflight just a decade ago in the Commercial Space Launch Amendments Act of 2004. I am proud to have been the one to have authored that legislation, legislation which passed in Congress with bipartisan support.…





