On the recordJuly 28, 2010
We believe that this legislation is good and we commend Mr. Rush and Mr. Lipinski. But we reiterate that this administration is not doing enough to improve manufacturing in America. We need a tax policy that encourages investment, not making it more expensive to do business in America. We need a policy to provide incentives for more research and development to be more competitive in the global marketplace. We need a strong program to defend and protect intellectual property developed by our manufacturers. We need a strong international trade policy that encourages more American products to be sold abroad. And as the gentleman from Illinois said, we need an energy policy that does not raise energy costs. Every objective analysis of the Obama administration's cap-and-trade system indicates that that bill would dramatically increase electricity costs making American manufacturers less competitive, not more competitive. We support this bill, but we need to do more. And we call upon the administration to do more than just talk about these issues.
