A Sine Die Success for Manufacturing

By December 9, 2006Energy, Trade

This morning the Senate approved the final pieces of legislation sent over by the House and then adjourned sine die at 4:40 a.m.(!) The 109th Congress thus closes with major successes for the manufacturing economy.

Reuters:

WASHINGTON, Dec 9 (Reuters) – Just hours before it ended, the Republican-led 109th Congress sent U.S. President George W. Bush legislation early on Saturday to normalize trade with former enemy Vietnam, renew popular tax cuts and open the Gulf of Mexico to new oil and gas drilling.

AP summary:

WASHINGTON — In its last hours of GOP control, Congress passed a raft of bills big and small, most significantly a sweeping bill reviving expired tax breaks, extending trade benefits for developing countries and protecting doctors from a big cut in Medicare payments.

The NAM’s statement Friday evening praising the House action is here.

Congratulations to the Senate for working with the House in support of manufacturing on trade, technology, taxes and energy. Thanks to all the manufacturers and NAM members who voiced their support for this critical bills, even into the late hours, when the tempers can rise and wills can falter. Supporters did not falter.

More on this later.