Victor Fazio: “I rise in support of H.R. 2442, the Economic Development Authorization Act. I must first commend the excellent work of…”

“I rise in support of H.R. 2442, the Economic Development Authorization Act. I must first commend the excellent work of the Public Works and Banking Committees that has made it possible to bring this vital economic development legislation to the floor. It has been 14 years since the EDA was reauthorized, and I applaud the Committees' members for working together on this bill to give this important program the attention and support it deserves. In my district in northern California, the EDA has made a tremendous impact on the economic development of the region. Over the past few weeks, I have received numerous calls and letters from local officials and business leaders to tell me their first-hand experience with the local initiatives that are made possible with the help of EDA funds. I have been impressed with the broad support the EDA enjoys from the people who are on the front-lines of economic development in the communities in my district.”