Even though that company was sold off with less than 50 percent to Seimans, it will still be run by an American company. Of course, that research ties in. We are continually trying to work with fossil fuel, oil research and so forth to increase the efficiency of these resources in the United States. So that is the reason I am so concerned about cutting fossil research.
Discussing concerns about cutting fossil fuel research funding.
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More from John Murtha
You can see the hearings we've had on this issue. We felt that the missile defense cuts we made were because of schedule more than anything else, and I appreciate your determination to put it in. We'll take another look at conference, but…
Every one of these earmarks are competitively granted under the regulations of the Defense Department. We depend on them to competitively check them over, and they do.
But I think in light of the recession and the economic difficulties we are facing it is not a good idea to pass legislation driving American industrial production back to the levels of 1920 at a time of potentially an economic depression.
I think that is a perfect example of the way things work. When we see something that we think is not as valuable as something else is, we change it.
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