[Congressional Record Volume 148, Number 28 (Wednesday, March 13, 2002)]
[Senate]
[Page S1858]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. HOLLINGS (for himself and Mr. Thurmond):
  S. 2012. A bill to extend the temporary suspension of duty on cobalt 
bor-on; to the Committee on Finance.
  Mr. HOLLINGS. Madam President, today, I, along with Senator Thurmond, 
introduce two duty suspensions designed to permit the import of raw 
materials into the United States duty free. The materials are not 
indigenous to or made in the United States. Therefore, their 
importation will not displace domestic sourcing. Moreover, because of 
the nature of the products at issue, they will assist in the creation 
of additional jobs in the United States.
  I believe that this is the most appropriate use of such legislation. 
The imported product will not displace any that is manufactured in the 
United States. Moreover, the imported product will assist in enhancing 
American productive capacity. I am therefore hopeful that this new 
capacity can be used to supply both domestic and foreign needs and will 
increase employment in the United States.

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