Political Quotes

On the recordJanuary 21, 1997
The House bill would place the U.S. on an equal par with foreign signatories time-wise. It would allow title XI to continue at its present terms and conditions during the 3-year transition period in which foreign signatories were granted very generous subsidy concessions. Furthermore, major U.S. shipbuilders desperately need this extension to the program if they are to complete their transition back to building commercial ships. If this transition is unsuccessful, the Navy's core shipbuilding base will not be sustained to meet its future requirements.
Said by
Olympia Snowe
Republican · Maine
Source
govinfo.gov

Editor's note · Context

Discussing the importance of a House bill for U.S. shipbuilders and Navy shipbuilding capabilities.

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