Washington, D.C. - Senate Finance Committee Chair Ron Wyden, D-Ore., and U.S. Senators Debbie Stabenow, D-Mich., and Michael Bennet, D-Colo., today released the following statement on their effort to draft legislation to incentivize domestic manufacturing:
“Investments in manufacturing and clean energy must be the foundation of our long-term economic recovery. Achieving that goal requires investing resources to help manufacturers expand, building a robust market for their products and creating good-paying jobs that support a middle-class life.
“By building on tools with records of success, we can also boost manufacturing in communities that have been left behind. We are working on new legislation that would expand production of critical technologies like semiconductors, batteries and solar components. These proposals would significantly increase federal investment in both the technology needed to transition to a net-zero emission economy, and the workers needed to develop and produce that technology.
“Congress has an opportunity to support the rebuilding of our economy in a way that creates middle-class jobs, invests in underserved communities and finally addresses the most pressing challenges we face as a country."
