Mr. Welch, thank you for joining us. Madam Speaker, I am going to carry on here for a few more moments. We are going to talk about a few other things that go into this. That previous placard had Make It In America as one of the principal ways of growing American jobs, and it is really true. Madam Speaker, I want to give you just two examples of how Make It In America and Buy America creates American jobs--or not. Two bridges, one on the west coast, the San Francisco-Oakland Bay Bridge, and one on the east coast--New York, actually--the Tappan Zee Bridge in New York. This bridge in the San Francisco Bay was supposed to be about a $3 billion project. It turned out to be over $6 billion. Instead of buying American steel, they went out and bought Chinese steel. It was supposed to be 10 percent cheaper. It turned out to be far, far more expensive. It became over budget. It did create 3,000 jobs in China and serious problems with the quality of the steel, the welds, and other problems. Anyway, it wound up almost $4 billion over budget, more than 100 percent more expensive. That was San Francisco. This is my State. This is a major controversy and, if you will, a major scandal in California. In New York, the Tappan Zee Bridge is now under construction. It is 100 percent U.S.-made steel. It is coming in at about $3.9 billion total, under budget, and there were 7,728 American jobs as a direct result of the decision made by New York to buy American, to make it in America.…
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