House Democratic Whip Steny Hoyer is planning to unveil new jobs legislation today in a noon speech at the Center for American Progress. The legislation, which has little chance of passing the GOP-controlled House, is an effort by Democrats to focus on jobs while Republicans are voting on repealing the health care law.
"Hoyer will be unveiling new jobs legislation, which stands in stark contrast to the House GOP, who have yet another series of fruitless health care repeal votes scheduled this week, even after the highest court in the land has settled this matter," a Hoyer aide told the Alley.
Hoyer's legislation is aimed at creating more manufacturing jobs, but details on exactly what the legislation would do have been scarce. So far we know that it includes tax reforms and targeted public investments in education, innovation and infrastructure. We'll keep you updated as we learn more about the substance of Hoyer's plan.
In the meantime, here's a look some of his speech, as prepared for delivery:
Manufacturing has been the bright star of our recovery. Over the last three years, we've seen strong gains by manufacturers. ... After having watched for years as American manufacturing jobs were shipped overseas, we are now bearing witness to some of these jobs returning. Companies are recognizing the rising costs of production in other countries and are looking once again to the talent and experience of American workers.However, despite these recent gains, Americans are still worried about our economy, unsure whether our recovery will continue. Uncertainty over consumer demand hangs like a dark cloud over manufacturing's bright horizon. Americans are also looking with great concern to the financial crisis that continues to plague Europe and hope it does not spread.But now is not a time to hunker down; it is most definitively a time to go on offense. ...This is our moment to pursue policies that capitalize on what we've achieved in manufacturing so far in order to make certain the positive trends in our recovery continue. We must make a strong and serious effort to create an environment that grows the manufacturing sector so companies can hire for jobs that will stay here. ...Congress must pass a comprehensive jobs plan that invests in the advanced manufacturing and innovation that is critical to our future. Two years ago, Democrats introduced such a plan. It's called Make It In America.That's why I'm suggesting today a series of additional steps Congress can take right away. Democrats are putting forward several new proposals as part of our Make It In America plan and are calling on the House leadership to work with us this summer to act on them.
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