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Help Wanted: Elected Officials Who Will Fight for U.S. Manufacturing

Thu, 10/14/2010

"America’s manufacturing workers are hurting. Tell candidates if they won’t stand up for America, they don’t get your vote."

The Alliance for American Manufacturing (AAM) has outlined a plan for revitalizing American manufacturing.

Expand American Production, Hiring, and Capital Expenditures:
• Establish a manufacturing investment facility to leverage private capital for domestic manufacturing
• Expand and make permanent clean energy manufacturing tax credits and industrial energy efficiency grants to allow America to lead on green job creation
• Link federal loan guarantees for new energy infrastructure projects, including nuclear, wind, solar, other renewable energy sources, as well as the smart grid, with expanding domestic supply chains
• Adopt immediate, up-front expensing rules for plant and equipment to spur capital expenditures
• Enforce our trade-legal Buy America and other domestic procurement requirements to prevent leakage of tax dollars overseas

Invest in America’s Infrastructure:
• Create a National Infrastructure Bank to finance high-value, long-term infrastructure projects, such as roads, bridges, high-speed rail, and other needs
• Enact a robust, multi-year surface transportation infrastructure program of at least $500 billion financed exclusively by fuel taxes

Enhance Our Workforce
• Refocus on technical and vocational education, providing a seamless program that bridges high school and post-secondary education to produce the next generation of highly skilled manufacturing workers
• Reward companies that are investing in effective skills and training programs for their workers

Make Trade Work for America
• Keep America’s trade laws strong and strictly enforced to provide a level playing field for our workers and businesses
• Penalize and deter mercantilist nations such as China that manipulate their exchange rates and implement non-tariff barriers to gain an unfair trade advantage
• As the Administration works to double exports, expand the goal to include balancing our trade account so that gains in exports are not overwhelmed by increased imports

Rebuild America’s Innovation Base
• Make permanent the research and development tax credit and enhance it to incentivize commercialization and production in America
• Focus federal investments in new technology and workforce training on promoting regional clusters of innovation, learning and production

CLICK HERE TO DOWNLOAD A PDF OF THE PLAN.