Economy & Budget

America needs a national manufacturing policy. Now. (Sen. Sherrod Brown)

Not too long ago, the ticket to the middle class was straightforward. Work hard, play by the rules, and you'll have something to show for it -- a good wage, a secure job and home, and a solid pension.

Our nation -- and economy -- relied on workers around Ohio to build cars and appliances, to lay down rail lines and highways. Their work put them squarely in the middle class. Their work -- and a thriving manufacturing industry -- turned our nation into an economic superpower.
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America Needs a National Manufacturing Policy. Now. (Sen. Sherrod Brown)

Not too long ago, the ticket to the middle class was straightforward. Work hard, play by the rules, and you'll have something to show for it -- a good wage, a secure job and home, and a solid pension.

Our nation -- and economy -- relied on workers around Ohio to build cars and appliances, to lay down rail lines and highways. Their work put them squarely in the middle class. Their work -- and a thriving manufacturing industry -- turned our nation into an economic superpower.
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If we are going to recover from this recession, small business will lead the way (Rep. Erik Paulsen)

We are losing jobs at an alarming rate. Unemployment is now at 9.5% and is expected to increase, which means more and more families will struggle to make ends meet. In fact, President Obama has now acknowledged that unemployment will continue to “tick up for several months.” This is the most difficult economic situation most of us have seen in our lifetime and I believe Congress and the Administration have missed critical opportunities to address this issue by ignoring the most important component of the solution: small business.

Small businesses are most significant job creators in our economy; responsible for creating nearly seven out of ten new jobs in the United States. If we are going to recover from this recession, small business will lead the way.

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Growing innovative businesses (Rep. David Wu)

After 20 years, even successful programs often need a tune up. That’s just what the Small Business Innovation Research (SBIR) program got last week when the House updated it to help grow innovative small businesses and insure that American innovators can compete more easily in today’s changing global economy. SBIR will now be better equipped to help America’s entrepreneurs commercialize innovative technologies, creating new products and new American jobs.

Key changes to SBIR include increasing the size of early- and mid-stage program awards to reflect the actual costs of doing high-tech research and increasing the program’s flexibility by allowing cross-agency awards and allowing applicants to apply directly for Phase II funding.

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Defense contractors’ multi-million dollar one-two punch to save F-22

The Senate today delayed until probably tomorrow the vote on an amendment from Sens. Carl Levin (D-MI) and John McCain (R-AZ) to cut funding for the F-22 fighter jet.

It shouldn’t be a tough vote. Defense Secretary Robert Gates says the 187 F-22s now in the Air Force fleet or in production are sufficient to combat current and future threats and more are not needed. McCain and Levin agree, and so does President Obama.

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How to provide relief for small airports (Rep. Adrian Smith)

Last week I introduced H.R. 3159, the Small Airport Relief Act, legislation designed to ensure federal funding remains at current levels for small, regional airports.

Many smaller, mostly rural, airports utilize the Federal Aviation Administration’s (FAA) Airport Improvement Program (AIP) grants for capital improvement projects and safety enhancements. Airports which reach 10,000 boarders in a calendar year receive $1 million in grant funds, while airports boarding fewer than 10,000 passengers are eligible for $150,000.

My legislation would place a two-year moratorium on the FAA’s 10,000 boarding requirement, allowing airports which reached the threshold in calendar year 2008 to continue to receive their applicable AIP funding. It is the House version of S. 1202, introduced by Senator Ben Nelson (D-NE).

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Fiscal responsibility is the best policy (Rep. Frank Lucas)

Recently, the Obama Administration and Speaker Pelosi have joined many of their colleagues to call for yet another “economic stimulus” package, like the one passed in February of this year, as a means to encourage economic growth.

As a reminder, the first “economic stimulus” package cost the American taxpayers a whopping $789.5 billion. And since that money needed to be borrowed, the interest drove the total cost to around one trillion dollars. One trillion dollars. I’m not quite sure when that dramatic dollar amount became so common place, but it is still troubling for me to hear. President Obama and Speaker Pelosi promised the American people this legislation would create between three and four million jobs and pull this country out of economic recession.

Yet, here we are, four months later and the unemployment rate has increased, not decreased. In the month of June alone, a staggering 467,000 Americans lost their job, raising this country’s unemployment rate to 9.5 percent.

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Biden's disingenuous message to Ohioans (Rep. John Boehner)

Yesterday Vice President Joe Biden traveled to Cincinnati with a disingenuous message, telling the people of the Queen City that the bloated trillion-dollar "stimulus" spending bill rammed through Congress by Speaker Pelosi and the Obama Administration five months ago is succeeding in its mission. The Vice President’s rhetoric flies in the face of the tough reality the people of our state are confronting on a daily basis. In selling the “stimulus,” the Obama Administration promised jobs would be created immediately—within "weeks and months"—and said enactment of the trillion-dollar spending bill would prevent the national unemployment rate from going above 8 percent.

Five months later, these promises have been shattered. Job losses have continued to climb. The national unemployment rate is now 9.5 percent. Ohio’s unemployment rate is more than 10 percent, up significantly from where it stood at the time the “stimulus” was proposed, and we continue to hemorrhage jobs at a staggering rate.
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The Reducing Barack Obama’s Unsustainable Deficit Act (Rep. Tom Price)

Jobs are being lost everyday, the deficit continues to explode and the American people are angry.

It’s now been six months since President Obama moved into the White House and in that short time, we have seen all his economic policies fall flat on their face. The unemployment rate has skyrocketed to 9.5%, and the stimulus package has been defined by delays, fraud, and poor management.
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New York's nursing shortage (Sen. Kirsten Gillibrand)

As Congress focuses on comprehensive health care reform, one thing needs to be clear: We cannot fix health care if we do not address America's nursing shortage. If we're going to be able to provide access to quality, affordable health care to every American - we need to have the trained health care professionals inside hospitals to provide that care.

We have a serious nursing shortage in New York State and right here in New York City. Hospitals and other health care providers are experiencing vacancies today, and over the next 10 years, we're on a path for the problem to only get worse as the need for nurses grows.
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