Quote of the Day
"The U.S. economy expanded at a faster clip than initially forecast in the third quarter, helped by more robust consumer spending and by stronger exports. The economy grew at a 2.5% annualized pace in the quarter, revised up from the initial estimate of 2.0%, the government said in its second estimate of quarterly gross domestic product. GDP growth was 1.7% during the second quarter.”
- Wall Street Journal’s MarketWatch, 11/23/2010
For Release: Thursday, September 16, 2010
Contact: David Gillies: 202-225-5661
COSTELLO VOTES FOR “MADE IN AMERICA” LEGISLATION BOOSTING U.S. MANUFACTURING INDUSTRY
WASHINGTON – U.S. Congressman Jerry Costello (D-IL) lauded House passage of H.R. 2039, the Congressional Made in America Promise Act, which requires Congress to buy goods and services made in America. The bill is part of a broader “Make it in America” initiative to boost the U.S. manufacturing industry and create new American jobs.
The legislation now moves to the U.S. Senate for consideration. Costello, a member of the Congressional Manufacturing Caucus and the Congressional Buy American Caucus, has previously supported “Buy American” provisions for the federal government, including last year’s inclusion of a “Buy American” provision for the use of U.S. steel in the economic stimulus bill.
“Using American-made products is the right thing to do, and particularly at a time when our economy is still recovering,” said Costello. “This will energize our manufacturing sector and maintain and create new jobs here in the United States.”
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