Capital Briefing: April 15, 2010

A Publication of the National Association of Manufacturers
E-mail briefing from the
National Association of Manufacturers
April 15, 2010

Focus: NAM Members Join Forces in Washington for Manufacturing Summit

More than 300 members of the National Association of Manufacturers (NAM) from across the nation are gathering in Washington, DC this week to participate in the second annual NAM Manufacturing Summit . In more than 150 visits with lawmakers over two days, NAM members are making a strong case for policies that will reinvigorate a struggling economy, reduce the cost of doing business in the United States, stimulate job growth and make American manufacturers more competitive.

NAM Executive Vice President Jay Timmons welcomed members to the Summit on April 14, saying "manufacturing is the heart of our economy, and manufacturing jobs lead to a better quality of life for American families." He then roused Summit participants with a call to action, adding, "Manufacturing is the engine that can lead our country on the road back to economic recovery, and our presence on Capitol Hill can make a difference."

During their time in Washington, DC, NAM members are focusing their Capitol Hill visits on three critical issues: job creation, taxes and labor policy.

As our nation's unemployment rate continues to hover near 10 percent and many industrial sectors of the economy struggle to recover, promoting policies that would lead to robust job growth is a top priority for NAM members. According to a report by the NAM and conducted by the independent Milken Institute, Jobs for America: Investments and policies for economic growth and competitiveness , more than 11 million jobs can be created in the United States in this decade alone by changing key tax and economic policies and making investments in infrastructure, including energy, broadband and transportation projects.

Additionally, manufacturers are reminding legislators of the importance of crafting tax policies that will create an environment more conducive to job creation and make their companies more competitive in the global economy. Ninety-five percent of the world's consumers are located outside the United States. The Administration's proposed $122 billion tax increase on worldwide American companies will make manufacturers less competitive both at home and abroad. Simple steps such as restoring and extending the R&D tax credit to promote innovation and lowering America's stifling statutory corporate tax rate - the second highest among developed nations - would generate hundreds of thousands of manufacturing jobs and provide a significant boost to the nation's economy.

NAM members are also re-emphasizing their opposition to jobs-killing labor policies supported by some in Congress and the Administration. The Employee Free Choice Act (EFCA) -- including alternatives that limit the amount of time employees have to decide whether or not to form a union and limit employers' ability to communicate with employees -- is one of the most direct threats to manufacturers' ability to compete.

Today, the NAM welcomed two distinguished officials to address the Manufacturing Summit . Senate Minority Whip Jon Kyl (R-AZ), who spoke at the breakfast session, and Office of Management and Budget Director Dr. Peter Orszag, who spoke to NAM members over lunch. Both addressed pending policies that will have an impact on manufacturers, the economy, job growth and U.S. competitiveness.

During their time in Washington, NAM members are taking advantage of the opportunity to recount their individual experiences, discuss the outlook for their businesses and hear directly from their peers and colleagues on the most pressing issues facing the manufacturing sector.

The rules for success in the global economy are constantly changing, and manufacturers in America are all too often put at a competitive disadvantage by outdated policies that harm their ability to compete and provide high-paying jobs to American workers.

With so much at stake, the NAM's 2010 Manufacturing Summit is a great success. NAM members are helping legislators understand the critical role of manufacturing in our nation's economic security, and their enthusiastic response throughout the Summit demonstrates their commitment to working with leaders in Washington to get our economy back on track.

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Small and Medium Manufacturers Update

Take Part in the NAM Manufacturing Summit from Your Desk. Manufacturers of all sizes from across America are participating in the second annual NAM Manufacturing Summit this week in Washington, D.C. The Summit's events share one common goal: to meet with members of Congress and their staffs and leave a lasting impression of who we are, what we stand for and why manufacturing matters.

While not all manufacturers were able to join us this week, you can still help reinforce the voices of the hundreds of manufacturers who traveled to Washington by writing directly to your senators and representatives to reiterate the need for smart tax and labor policy and a growth agenda for creating jobs.

You should remind them that manufacturing has a presence in every congressional district in the United States, providing good, high paying jobs. In addition, small business owners will be facing billions of dollars in new taxes unless Congress acts before the end of the year. The individual tax rate cuts enacted in 2001 and 2003, which dramatically lowered the tax rates on small business owners, are set to expire at the end of the year. About 68 percent of all manufacturers are organized as S-corporations or other entities that file at the individual rate. The impact will be felt by a large number of job creators, particularly small and medium-sized manufacturers, and the tax increases will stifle economic growth.

We also cannot ignore the impact of labor policy on manufacturers' ability to generate jobs. In addition to the jobs-killing Employee Free Choice Act (EFCA), your elected officials need to know that the Paycheck Fairness Act would add costs to employers through increased litigation, and the Protecting America's Workers Act seeks to overhaul a bipartisan approach to promoting safer workplaces.

It is crucial that you contact your members of Congress to promote and protect the future of manufacturing and seek sensible solutions that will make American manufacturers more competitive at home and abroad. Please click here to participate in the Summit from your desk and contact your members of Congress. For more information on taking action here in Washington or directly from your business, please contact NAM Vice President of Public Affairs Tiffany Adams at or (202) 637-3118 .

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Questions or comments? Please contact Clare James Johnson at .

President: John Engler
Executive Vice President:
Jay Timmons Chief Operating Officer: LeAnne Wilson
Senior Vice President, Communications: Maureen Davenport

Managing Editor: Clare James Johnson

Copyright © 2010 National Association of Manufacturers


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