Political Quotes

On the recordJune 23, 2011
Mr. Speaker, it's time to talk turkey about jobs. Too many Americans are unemployed, and it's time to get Americans back to work. As we enter this new decade in the 21st century, research and development is critical to rebuilding American manufacturing and to creating jobs. In today's global economy, manufacturing here in the United States and innovation remains a linchpin for economic growth that is being challenged rigorously by our competitors around the world. Today, I rise to highlight legislation I introduced with my colleague from Maryland, Roscoe Bartlett, to spur innovation and economic development. Mr. Speaker, H.R. 682, the 21st Century Investment Act, would encourage companies to co-locate their research and development activities with job creation here in the United States. We'd make permanent the research and development tax credit and increase the domestic manufacturing tax credit to 15 percent. Those are jobs here in the United States. The time was that we were the global leader and the architect of research and development, but not true today. We can and we must do better because of whatever that is we're down to, about number 17 or 21. We can do better; and so by joining Mr. Bartlett and me, Mr. Speaker, H.R. 689 will reclaim the mantle of innovation and create jobs. ____________________
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John Bel Edwards
Democratic · Louisiana

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