Business & Economy
Braley Statement on Stalled Transportation Bill PDF Print E-mail
News Releases - Business & Economy
Written by Jeff Giertz   
Friday, 23 March 2012 13:01

Political gridlock to blame

 

Washington, DC – Rep. Bruce Braley (IA-01) released the following statement today regarding delays in passing a transportation bill out of Congress:

 

"Ridiculous partisan gridlock in Washington continues to delay funding to fix Iowa's dilapidated and dangerous roads and bridges. This must stop and the solution is simple.

 

"The House should join Senators Grassley and Harkin and pass the bipartisan transportation bill to fix our roads and bridges and create hundreds of jobs in Iowa. Washington should stop kicking the can down our deteriorating roads, which are putting drivers and passengers at risk.”

 

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Schilling, Loebsack Applaud RIA-JMTC & Mack Partnership PDF Print E-mail
News Releases - Business & Economy
Written by Andie Pivarunas   
Friday, 23 March 2012 12:56

First public-private partnership under new Schilling-Loebsack arsenal law

Washington, DC – Congressmen Bobby Schilling (IL-17) and Dave Loebsack (IA-02) this morning applauded the Rock Island Arsenal (RIA) Joint Manufacturing and Technology Center (JMTC) and Mack Defense agreement that will provide Mack Defense access, via public-private partnerships, to the only remaining U.S. Army foundry and the Army’s only vertically integrated metal manufacturing facility.

The RIA-JMTC and Mack Defense agreement to form a public-private partnership is the first such intent to partner since Schilling-Loebsack Arsenal provisions were signed into law early this year as part of the FY2012 National Defense Authorization Act (NDAA). 

“I couldn’t be more pleased by news of the formation of a job-creating public-private partnership between the JMTC and Mack Defense,”  Schilling said. “This new agreement strengthens the Arsenal and the JMTC, and will surely strengthen our case as Team Rock Island Arsenal continues promoting the Arsenal’s value to our national defense needs and to our region.”

“Today’s announcement is a win-win-win agreement for the Arsenal, Mack Defense and the hard working folks in the Quad Cities,” said Loebsack. “This is a great partnership being done under the authority of the new provisions that Rep. Schilling and I were proud to push through Congress. It will strengthen the Arsenal and the JMTC and I look forward to seeing this and future partnerships grow.”

“This is great news that demonstrates once more a success story of partnership between the Department of Defense industrial base and industry in support of our nation’s objectives. Such partnering is the solution to a reduced Department of Defense budget while allowing the U.S. to maintain its warfighting edge,” said Major General (Ret) Yves Fontaine of Fontaine Consulting LLC, former Commanding General of the U.S. Army Sustainment Command at the Rock Island Arsenal.

Schilling and Loebsack secured landmark language in the HASC markup of the NDAA in May to lift the legal cap on the number of public-private partnerships arsenals can enter into.  That cap was limited to eight spread across arsenals throughout the country, limiting RIA’s flexibility to increase its workload and broaden its regional, private-sector economic impact.  The Schilling-Loebsack language went on to pass the House as part of the comprehensive NDAA in a bipartisan vote of 322-92.  The Senate version of the NDAA did not fully remove the cap, instead lifting it to 15.

Schilling and Loebsack were named to the NDAA Conference Committee tasked with working out the differences between the House and Senate versions of the NDAA.  As conferees, the Congressmen successfully maintained the House-passed PPP language to maximize the possibility for private-sector job growth at installations like RIA.  They also successfully included a provision in the conference report that would designate the Arsenal as a Center for Industrial and Technical Excellence (CITEs), further improving its ability to enter into public-private partnerships, provide for our men and women in combat, and strengthen the Arsenal’s core skills and manufacturing abilities.  These Schilling-Loebsack provisions were approved as part of the comprehensive NDAA by the House and the Senate, and were signed into law by the president.

The JMTC is a one-of-a-kind U.S. Army facility which manufactures critical equipment for our troops around the world.  The more than 1,700 individuals employed at JMTC specialize in manufacturing artillery, armor, small arms, and mobile maintenance kits for use on the front lines.  The JMTC, perhaps best known for howitzer production, operates the Army’s only foundry and since 2003 has produced half of all armor for Army tactical wheeled vehicles.  Veterans make up more than half of JMTC’s highly-skilled workforce.

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What are your thoughts on KXL? PDF Print E-mail
News Releases - Business & Economy
Written by Rep. Bobby Schilling   
Friday, 23 March 2012 12:48

Dear Friend,

If you’re anything like me, you’ve been unhappy lately about the prices you’re paying at the pump.  Last week I put $100 worth of gas in my car, and it didn’t even fill up the tank!

Today, the average price in Illinois for a gallon of mid-grade gas is $4.29.  This is about 63 cents higher than Illinoisans paid at the pump just a month ago, and around 30 cents higher than the current national average.  Worse yet is that some analysts are predicting that we’ll hit a national average of $4.25 by late April.  I don’t want to see what that national average will mean for gas prices at home in Illinois.

Despite what some folks say, there is action we can take immediately to help lower energy costs, create jobs, and help grow the economy.  I have voted for and the House has passed several bipartisan bills that will help lower energy costs, create jobs, and help grow our economy.  Unfortunately, these bills are among the more than 25 House-passed jobs bills currently held up in the Senate.

Along with many of my colleagues on both sides of the aisle, I also support construction of the Keystone XL pipeline, which would create jobs and help lower energy costs without adding to our debt.  The Keystone XL project has the support of both Democrats and Republicans, of both business and labor, and would help reduce our dependency on unstable foreign energy sources.  With so many families struggling to get by in this difficult economic climate, we cannot afford to sit by and watch as gas prices continue to soar.

I want to hear your thoughts on action we can take to lessen the pain at the pump.  Please take a few moments, visit my website, and share with me your views on the Keystone XL pipeline project.  Remember that you can always send me a more detailed message with your thoughts or questions on energy policy or any other topic by clicking here.

Getting our nation’s financial house in order and further stabilizing our economy is also an important step toward getting Americans back to work.  This week, the House Budget Committee is unveiling its Fiscal Year 2013 budget proposal.

The debate about federal spending in FY 2013 isn’t only about spending and taxes.  But because 21% percent of our annual federal budget is spent on health insurance programs, this debate is also about who will control our health care.

In passing the President’s health care reform law in 2010, the last Congress raided more than $500 million from Medicare to pay for an “Independent Payment Advisory Board” - an unaccountable, unelected board of bureaucrats who will decide what care and how much care Medicare patients may receive.

I firmly disagree with this approach.  Medicare is a lifeline to American seniors.  Nothing is as important to our seniors as having guaranteed health care coverage.  Now, with 10,000 baby boomers reaching retirement age every day and doctors already limiting the number of Medicare patients they see, we need to improve health care for both today’s and tomorrow’s retirees.

There has been a lot of money spent by outside political groups to perpetuate the falsehood that I somehow support ending Medicare.  In fact, the Pulitzer prize-winning publication Politifact determined this to be the "Lie of the Year.”

In reality, with our FY 2012 budget proposal last year, the House actually passed a plan that would make no changes to Medicare for those aged 55 and older, but would improve and strengthen Medicare so it lasts for future generations.  Medicare is currently estimated to run out of money in less than 10 years if we don’t take action to save it for our kids and grandkids.

While rooting out billions of dollars in waste, fraud, and abuse, under our plan the wealthier and healthier would receive less support, and lower-income and sicker individuals would receive more.  Our plan lets individuals choose a personalized, guaranteed health care plan that best fits their needs.  Ultimately, our plan results in a stronger and more secure health care system for future generations, so stay tuned as we continue working to guarantee health care for today’s and tomorrow’s retirees.

My office sends out a regular e-newsletter to folks in your community allowing us to stay in touch about my work in our nation’s capital and in your hometown.  I hope you will subscribe, and stay up to date on what’s happening behind the headlines on gas prices, Medicare, and more.  Just visit my website and sign up! I also encourage you to visit my Facebook or Twitter pages for other ways to stay up to date with what I’m doing.

It is an honor to serve you.  Don't hesitate to reach out if I can ever be of assistance.  If you find yourself struggling to make sense of federal agencies or having an issue with Medicare, the Department of Veterans Affairs, your passport or any federal agency, please don’t hesitate to reach out to me and my staff at (309) 757-7630.  Constituent casework is the most important part of my job, and we will continue to work tirelessly to help.

Sincerely,
Bobby Schilling
Member of Congress

 
Schilling Supports Small Business Tax Break PDF Print E-mail
News Releases - Business & Economy
Written by Andie Pivarunas   
Friday, 23 March 2012 12:43

Washington, DC – Congressman Bobby Schilling (IL-17) released the following statement in support of H.R. 9, the Small Business Tax Cut Act, which he cosponsored when it was introduced today.  The bill grants a 20 percent tax cut to small businesses with less than 500 employees:

“As a small business owner, I know firsthand the challenges of creating jobs and meeting a payroll in the face of overwhelming government regulations, paperwork, and uncertainty.  I came to Washington to help end this uncertainty, remove barriers to private-sector job creation, and make it easier for fellow small business owners to grow their  businesses and create jobs.  

"This bill will allow job creators to keep more of their money, invest it in their businesses, and retain and create more jobs so families can more easily put food on the table and gas in the car.  We all want to see fundamental tax reform, bring down tax rates, broaden the base, and close loopholes, but this is an opportunity for us to work together and help small businesses right now.  I hope folks in the Senate and the President will work with us on advancing this pro-jobs, pro-growth policy.”

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Governor Quinn Visits Belgium to Boost Jobs, Exports PDF Print E-mail
News Releases - Business & Economy
Written by Leslie Wertheimer   
Friday, 23 March 2012 12:34

Trip to Support Illinois Tourism, Trade and Business Investment

 

BRUSSELS, BELGIUM – March 21, 2012. Governor Pat Quinn today departed on an economic and jobs trip to Brussels, Belgium where he will seek to expand Illinois trade, tourism and business opportunities. In addition to participating in several events organized by NATO in advance of this spring’s summit in Chicago, the Governor will address a trade conference sponsored by the European Union (EU) to strengthen ties between Illinois and Europe. He will also host a business roundtable with current Belgium businesses that invest in Illinois, potential investors, and business leaders and associations.

 

The trip builds upon Governor Quinn’s aggressive goal to double exports by the end of 2014, and is the first gubernatorial trade mission to Europe in 13 years.

 

“We want the world to know that their trip to America starts in Illinois,” Governor Quinn said. “We’ll showcase Illinois’ tremendous economic assets before an international audience and we’ll bring back more trade opportunities, tourism and business investment to Illinois.”

 

Governor Quinn will begin his visit by opening the Chicago Exhibit at the NATO Headquarters to promote Illinois to the world in advance of the NATO summit being held in Chicago May 20-21. Later that day, he will deliver remarks at the EU Transatlantic Conference, hosted by the American Chamber of Commerce, where he will focus on opportunities to grow European Union and Illinois trade. Governor Quinn is committed to expanding Illinois’ international trade and helping businesses bring more products to global markets.

 

In front of the conference featuring high-level officials from the EU and the private sector, the governor will discuss the benefits of increasing trade with Illinois and the key role exports play in economic growth. Other keynote speakers at the event include EU Trade Commissioner Karel De Gucht and Ambassador João Vale de Almeida, Head of the European Union Delegation to the United States. The EU is an economic and political partnership between 27 European countries.

 

Also during his visit to the European capital, the Governor will host a business roundtable, where he will sit down with current Belgian investors, potential investors, and business leaders and associations from Belgium and Europe to discuss opportunities to increase investment in Illinois. He will conclude the day with a dinner hosted by the U.S. ambassador to NATO where he will encourage attendees to come to Illinois in advance of the NATO meeting in May and stay late to explore our state’s many visitor attractions.

 

Brussels is the capital of Belgium and Europe, where representatives from 27 EU member states reside. In addition, the city is home to the European Commission, the European Council and the European Parliament. Significant decisions on trade and investment are made in Brussels, and working groups such as the TABD (Transatlantic Business Dialogue) and TEC (Transatlantic Economic Council) are both extremely active in the city.

 

The European Union and Belgium are both key trading partners for Illinois. Illinois was the first U.S. state to establish a foreign office in Brussels 44 years ago in 1968. In 2011, Illinois exports to the EU grew by over 27 percent, totaling nearly $11.5 billion. Belgium is Illinois’ ninth largest trading partner, receiving more than $1.65 billion worth of Illinois exports in 2011, a 42.7 percent increase over 2010. Top industries include industrial machinery, vehicles and chemical products.

 

European companies’ investments in Illinois are the largest from any region in the world, with countries such as the U.K., Germany and France serving as top investors. Countries within the European Union have 723 firms with 3,476 locations in Illinois, employing more than 183,137 Illinoisans. Some of those companies include Siemans Industry, T-Mobile USA, Deutsch Bank, Philips Electronics, Chrysler-FIAT SPA and Volvo Group of North America to name a few.

 

More information about Illinois trade and business opportunities can be found on the Illinois Department of Commerce and Economic Opportunity’s website at www.illinoisbiz.biz.

 

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