Press Release Summary:
Responding to House Speaker John Boehner's announcement of American Energy and Infrastructure Jobs Act, NAM Senior Vice President for Policy and Government Relations Aric Newhouse said "Manufacturers support a multi-year surface bill because modern infrastructure is essential to ensuring our global competitiveness." To create growing economy, Newhouse said, there must be reduced regulatory barriers as well as long-term investments in transportation/infrastructure and energy security.
Original Press Release:
Manufacturers: Transportation Bill Will Create Jobs and Enhance Competitiveness
Infrastructure Investment and Expanded Energy Production Are Key to Economic Growth
Washington, D.C. - National Association of Manufacturers (NAM) Senior Vice President for Policy and Government Relations Aric Newhouse issued this statement today on House Speaker John Boehner's (R-OH) announcement of the American Energy and Infrastructure Jobs Act:
"Manufacturers support a multi-year surface bill because modern infrastructure is essential to ensuring our global competitiveness. Our nation's transportation infrastructure needs a significant boost in investment from all levels of government to meet the demands of today and tomorrow. Road congestion costs Americans $115 billion a year in wasted time and fuel. Congress must act without delay to get Americans back to work and make much-need reforms to our nation's infrastructure.
In addition to the infrastructure needs that must be met to make the U.S. more competitive, manufacturers also face a 20 percent disadvantage compared to our major trading partners because it is more expensive to manufacture in the United States. Energy costs make up a part of this discrepancy, so access to affordable sources of energy and expanding domestic exploration and drilling are vital to our competitiveness and energy security. Manufacturers strongly support the Speaker's call for increased domestic exploration and drilling, which will help drive down energy costs for manufacturers and create jobs throughout the economy.
In order to create a growing manufacturing economy, we must make long-term investments in transportation and infrastructure, reduce regulatory barriers and invest in our energy security."
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.