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NAM Official comments on fiscal commission report.

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December 3, 2010 - Commenting on National Commission on Fiscal Responsibility and Reform's final report, NAM's John Engler said, "The commission's report provides a good starting point for developing policies that will strengthen our economy and overall competitiveness." Engler also stressed need to address fundamental tax and entitlement reform without undermining U.S. competitiveness and economic growth. He also said manufacturers are ready to work with policymakers to enforce America's global competitiveness.

Manufacturers Welcome Fiscal Commission's Report


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National Association Of Manufacturers (NAM)
1331 Pennsylvania Ave. N.W.
Washington, DC, 20004
USA



Press release date: December 1, 2010

Good Starting Point for Developing Pro-Growth Fiscal Policy

WASHINGTON, D.C. - The National Association of Manufacturers (NAM) President and CEO John Engler issued the following statement today on the National Commission on Fiscal Responsibility and Reform's final report:

"The NAM welcomes the thoughtful recommendations put forth by the President's fiscal commission. The nation needs sensible fiscal policies that will lead to durable economic growth and job creation. The commission's report provides a good starting point for developing policies that will strengthen our economy and overall competitiveness.

We fully agree that America's long-term fiscal gap is unsustainable and tough choices must be made. We look forward to working with policy makers on the challenges ahead, tackling issues such as fundamental tax and entitlement reform without undermining U.S. competitiveness and economic growth.

Manufacturers stand ready to work with policymakers on a positive way forward that enhances America's global competitiveness, puts Americans back to work and sets the country on a course for economic growth. As outlined in the NAM's Manufacturing Strategy for Jobs and a Competitive America (www.nam.org/strategy.), manufacturers believe that America needs to be the best place to headquarter a business, to perform the bulk of companies' R&D and to manufacture, both for the domestic market and for export. Pro-growth, pro-competitiveness fiscal policies will help us achieve this goal."

The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

1331 Pennsylvania Ave. NW, Suite 600, o Washington, DC 20004 o (202) 637-3000
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