In 1993, 4 years after international negotiations had failed to produce an agreement to end foreign subsidies, Congress and President Clinton revived and amended a modest ship loan guarantee program called Title XI. The purpose of this program was to help U.S. shipbuilders recapture commercial market share in the face of dramatic cuts in the Navy's shipbuilding plan and continued foreign government subsidies in the commercial market.
Discussing the revival of a ship loan guarantee program to support U.S. shipbuilders.
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I do want to acknowledge the bipartisan effort and support for the E-Rate Program by Chairman Rockefeller and Maine's original E-Rate champion, Olympia Snowe.
We would not have connectivity and all that it brings to our schools and libraries if it were not for E-Rate.
In closing, libraries are vital community technology hubs, and we simply cannot allow inadequate bandwidth to be the limiting factor for what our students and our nations can achieve.
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