Loebsack Statement on Siemens Job Announcement

Washington, D.C. - Congressman Dave Loebsack released the following statement after Siemens announced they were reducing their workforce nationwide, including positions in Ft. Madison.

"Today`s announcement is another reminder just how far our economy has to go to fully recover and how much work Congress should be doing. My thoughts go to those and their families who are affected by this news.

"This announcement also demonstrates the need for Congress to act and renew the Production Tax Credit for wind energy.  While this is not fully the cause, renewing the tax credit, which has broad, bipartisan support, will give the wind energy industry the stability it needs.  Congress should not be going home to campaign at a time when so much critical work remains unfinished.  The livelihood of thousands of Iowans depends on the renewal of the credit."

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