NAM’s President, John Engler, on the Stimulus Legislation

By January 28, 2009Economy, Energy, Taxation

John Engler, president of the National Association of Manufacturers, sent a letter to the U.S. House yesterday expressing support for many of the provisions of H.R. 1, the American Recovery and Reinvestment Act of 2009, i.e., the stimulus legislation. The tax provisions would indeed aid economic recovery, and there other areas that — energy and research, for example — where more can be done.

That letter is here. The conclusion:

The NAM recognizes that action by the House of Representatives will be a significant step.
We urge you to move expeditiously to address our economic crisis. Throughout the debate in the
House and Senate, we are committed to working with you to strengthen the American Recovery
and Reinvestment Act with additional provisions that will also create jobs and have a highly
beneficial impact on our economy, including needed pension changes, additional tax relief to
accelerate clean coal technologies, incentives to bring foreign earnings back to the United States,
expansion of domestic energy resources, such as offshore exploration, and expansion of our
nuclear energy infrastructure.

Engler appeared on Bloomberg-TV today discussing the stimulus legislation. We have sound clips from the interview, Clip 1 and Clip 2.

Leave a Reply