ROSSLYN, Va., March 4, 2022 /PRNewswire/ -- After President Biden's State of the Union call for Congress to immediately pass bipartisan competitiveness legislation, National Electrical Manufacturers Association (NEMA) President and CEO Debra Phillips sent a letter to Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy urging them to move quickly to reach a bipartisan compromise on competitiveness legislation from the Senate-passed U.S. Innovation and Competition Act (USICA) and the recently House-passed America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (America COMPETES) Act, ensuring that the reconciled bill finally funds the CHIPS Act.
In addition, Phillips outlined NEMA's five key priorities for incorporation into the final competitiveness legislation package. Congress should:
Journalists covering the legislation can attribute the following quote to National Electrical Manufacturers Association (NEMA) President and CEO Debra Phillips:
"The recent passage of the COMPETES for America Act was another important step in easing supply chain challenges and bolstering U.S. semiconductor manufacturing capabilities across the economy - from manufacturing, smart buildings, medical diagnostics, and mobility technologies. But it has been over a year since Congress authorized the CHIPS Act in the FY2021 National Defense Authorization Act. The time is now to find a bipartisan compromise on the Senate and House versions of competitiveness legislation and send it to the president's desk for immediate signature."
"Not only are semiconductors essential to nearly every aspect of Americans' lives - from essential medical imaging equipment to smart grid technologies, but a reliable, resilient supply is required to achieve the shared infrastructure modernization goals of the Bipartisan Infrastructure Law. Failure to solve short- and long-term supply chain challenges stalls the transformation of U.S. infrastructure systems toward an accessible, electrified transportation system, modernized buildings and lighting, a more resilient grid, and increased efficiency of expanded manufacturing."
"NEMA looks forward to working with lawmakers on fortifying our nation's manufacturing base, strengthening supply chain systems and streamlining regulatory programs to support the creation of an electrified, connected, and sustainable future that will enhance the quality of life for all Americans, grow our economy, protect the environment and serve the nation's long-term interests."
The National Electrical Manufacturers Association (NEMA) represents nearly 325 electrical equipment and medical imaging manufacturers that make safe, reliable, and efficient products and systems. Our combined industries account for 370,000 American jobs in more than 6,100 facilities covering every state. These industries produce $130 billion in shipments and $38 billion in exports of electrical equipment and medical imaging technologies per year.
SOURCE National Electrical Manufacturers Association (NEMA)
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