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STEEL CAUCUS CALLS TO PROTECT JOBS IN LEGISLATION

May 25, 2010 - NWITimes.com

The Congressional Steel Caucus on Monday sent a letter to Ways and Means Committee Chairman Sander Levin and Ranking Member Dave Camp, encouraging them to ensure that renewable energy tax credit legislation uses American iron, steel and manufactured goods.

The letter specifically refers to recent news reports about a Texas wind farm developer that may use economic stimulus tax credits to buy equipment made in China.

U.S Rep. Pete Visclosky, D-Ind., chairman of the Steel Caucus, and Rep. Tim Murphy, R-Pa., vice chairman, exhorted Ways and Means members to include provisions in its legislation to ensure the full use of American components, including steel and manufactured goods.

"There is a vast potential for American manufacturing to revitalize our economy through renewable energy tax credits," Cacus members wrote. "For example, there are 204 tons of steel in a single wind turbine, and tax incentives for wind energy can immediately start up our idling American steel factories.

"In response to public and Congressional outrage, the Chinese company has announced its intent to build a production facility in the United States. ... the issue of using American taxpayer funds to create Chinese jobs instead of American jobs should not even be a concern in the first place."

Signatories to the letter include 35 bipartisan members of the House of Representatives, including Reps. Joe Donnelly, D-Ind.; Deborah Halvorson, D-Ill.; Baron Hill, D-Ind.; Jesse Jackson Jr., D-Ill.; Daniel Lipinski, D-Ill.; and John Shimkus, R-Ill.

The letter ended with the hope that legislation could "... put American manufacturing back to work."

http://www.nwitimes.com/business/local/article_bfac4945-f4df-599e-8d8b-15b621866539.html



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