Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, today, we give space exploration a booster rocket in the form of H.R. 2809, the bipartisan American Space Commerce Free Enterprise Act. The commercial space industry is poised to begin a major new vehicle for discoveries in space and national economic growth. It represents hundreds of billions of dollars in investments and the creation of thousands of jobs across the United States. For years, there has been uncertainty about which Federal agency has responsibility for approving nontraditional space activities and ensuring conformity with the Outer Space Treaty. This uncertainty has cramped capital formation and innovation and has driven American companies overseas. The American Space Commerce Free Enterprise Act remedies this situation by establishing a new, novel, legal, and policy framework that unleashes American free enterprise and businesses, assures conformity with Outer Space Treaty obligations, and guarantees that the U.S. will lead the world in commercial space activities throughout the 21st century. H.R. 2809 increases American competitiveness and attracts companies, talents, and money that would otherwise go to other countries. In short, the American Space Commerce Free Enterprise Act ensures that America and its workforce will benefit from the new space economy. The need for this legislation became evident during the previous administration when legal uncertainty arose after U.S.…”