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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-23-10 01:00 PM
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Manufacturers: Passage of Miscellaneous Tariff Bill Is Victory for Job Creation
Edited on Fri Jul-23-10 01:57 PM by babylonsister
http://www.nam.org/Communications/Articles/2010/07/Passage-of-MTB.aspx

Manufacturers: Passage of Miscellaneous Tariff Bill Is Victory for Job Creation
Legislation Is a Jobs-Creating, Tax-Cutting, Competitiveness-Enhancing Package for Manufacturers

Washington, DC, 07/21/10 -

The National Association of Manufacturers (NAM) President and CEO John Engler issued the following statement today after the House of Representatives voted to approve the Miscellaneous Tariff Bill (H.R. 4380), the U.S. Manufacturing Enhancement Act:

“Manufacturers are pleased the House of Representatives passed the Miscellaneous Tariff Bill (MTB) today. The NAM has been working relentlessly to educate Congress on the importance of this bill and how it will preserve and expand good American jobs. This legislation will also cut the costs of doing business in the United States and boost American manufacturing exports. In fact, studies show that if enacted, these provisions would increase production by $4.6 billion and support almost 90,000 jobs.

Manufacturers of all sizes use these vital tariff suspensions to obtain raw materials, proprietary inputs and other products that are not available in our nation. Without them, the costs of these companies’ products will inevitably increase, forcing them to pass on these costs to consumers. This hinders competitiveness and translates into lost jobs for American workers.

Further, the MTB process is wholly transparent and open to the public. Each proposed duty suspension is subject to a meticulous and non-partisan vetting process to ensure that no domestic producers of the affected product exist. The International Trade Commission, U.S. Department of Commerce, U.S. Customs and Border Protection, Office of Management and Budget and the congressional committees of jurisdiction collaborate to review each proposed duty suspension.

Manufacturers will continue to work with Congress as this bill moves through the legislative process.”


AND NATURALLY, MOST RETHUGS DIDN'T LIKE IT...



Conflicted GOP helps pass popular trade bill

By JIM ABRAMS (AP) – 1 day ago

WASHINGTON — The House on Wednesday passed a tariff reduction bill that Democrats and business groups said would support tens of thousands of jobs after Republican opposition to the measure wilted.

The Miscellaneous Tariff Bill, which comes up periodically, usually passes with almost no opposition. But it appeared headed for defeat after Republican leaders came out against it, saying that tariff relief for specific industries violated the GOP's self-imposed moratorium on special interest earmarks.

Democrats put Republicans on the spot by bringing the measure up under a procedure where a two-thirds majority was needed for passage. Unified GOP opposition would have defeated it.

After it appeared that enough Republicans were breaking ranks to pass the bill, dozens more changed their votes. The final tally was 378-43. The last time the bill came up, in 2006 when Republicans controlled the House, the vote in favor of passage was 412-2.

more...

http://www.google.com/hostednews/ap/article/ALeqM5jyEpyEBMTnpdw7QWYLlutwFn1gUgD9H3KI801
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-23-10 01:03 PM
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1. More great news. I love it. n/t
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-23-10 02:02 PM
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2. "Manufacturers of all sizes use these vital tariff suspensions to obtain raw materials"
Is it impossible to make these domestically?
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-23-10 03:39 PM
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3. good news k and r
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