Let me compliment Senator Boxer for her leadership on this bill. She pointed out this EDA bill brought forward is about jobs. It is about offering jobs in underserved areas. These are areas in which it is difficult to create jobs in good times, but in hard times they get hit even harder. The EDA program leverages a small amount of public support for private sector investment that creates jobs in underserved areas. In my State of Maryland, EDA projects have been very successful in bringing jobs to the rural parts of Maryland--to western Maryland and to our eastern shore. They have leveraged private sector investment, and we maintained and created jobs. Yesterday on the Senate floor I gave specific examples of EDA projects in western Maryland and on the eastern shore of Maryland. I talked about an old manufacturing plant that was saved under an EDA grant, leveraged 10 to 1 with private sector investment, saving over 100 jobs and creating another 20. These are jobs that are important for economic growth in our community. We all understand this recovery has been a very difficult one for us to get moving at the pace of job growth that we know we need for this Nation. We all talk about what we can do for our budget deficit, but I hope we all would agree the most important thing we can do would be to create more jobs. The majority leader has brought forward three major bills now to create jobs.…
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