Approval of the Keystone XL Pipeline’s Presidential Permit Application
- It’s been nearly five years since the Presidential Permit application was filed to construct the Keystone XL Pipeline. In addition to the 20,000 construction jobs that the pipeline would create, 118,000 jobs would be created in the supply chain of the pipeline. These are manufacturing jobs to make the steel, valves, compressor stations and heavy equipment necessary to make the pipeline become a reality. Keystone XL needs to be approved for the good of our country’s competitiveness, our nation’s energy consumers, our national interests and especially the 138,000 Americans who desperately need the jobs that this project would create.
Continued Focus on Immigration Reform
- Immigration reform will lift America up – it is intrinsic to who we are as a nation. It’s far too important to allow demagoguery to derail comprehensive reform, and all parties involved should avoid the traditional politicking that often accompanies this issue. The NAM is committed to seeing it through, and we will, because it is the right thing to do.
Re-examination of EPA Regulations that Hurt Manufacturers and Job Creation
- Over the past several years, the EPA has proposed and implemented an array of regulations that are hurtful to the economy, including the Boiler MACT, Utility MACT and PM 2.5 NAAQS. Now, the EPA is considering another proposal that would further limit the construction of new fossil-fuel power plants, potentially taking stable and affordable sources of energy off the table and putting the power grid at further risk. The cumulative impact of these regulations is bad news for the manufacturing economy and will result in less reliable electricity at a higher price. Manufacturers and the 12 million people making things in America want a strategy that includes all available domestic sources of energy. Piling on with more costly regulations is not the answer.
Stronger Push for Trade Promotion Authority (TPA)
- The NAM commends President Obama for advocating for TPA in a recent Presidential address, and supports all efforts to ensure he receives this crucial authority. A robust international trade and investment negotiating agenda is vital to the success of manufacturing in the United States. To create jobs and drive growth, manufacturers must be able to reach the 95 percent of consumers who live outside our borders. When overseas markets are open, businesses and workers win. Durable negotiating authority that includes strong provisions on consultation and review by Congress is a fundamental requirement of an effective U.S. negotiating structure to open foreign markets.
New Approach To Comprehensive Tax Reform
- NAM would like to see the Administration offer support to Congress’ efforts to pass revenue neutral tax reform for corporations and individuals that leaves no one behind. Tax reform is essential to long term economic growth in this nation – and the White House should offer strong support to reform that refuses to pick winners and losers but instead reduces the tax burden on all Americans.