[Congressional Record Volume 157, Number 10 (Tuesday, January 25, 2011)]
[Senate]
[Page S128]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. REID (for himself, Mr. Durbin, Mr. Brown of Ohio, Mrs. 
        Gillibrand, Mr. Coons, Mrs. Boxer, Mr. lautenberg, Mr. Begich, 
        Mrs. Shaheen, and Mr. Akaka):
  S. 1. A bill to strengthen the economic competitiveness of the United 
States; to the Committee on Finance.
  Mr. REID. Mr. President, I ask unanimous consent that the text of the 
bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                  S. 1

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``American Competitiveness 
     Act''.

     SEC. 2. SENSE OF THE SENATE.

       It is the sense of the Senate that Congress should--
       (1) eliminate tax loopholes that encourage companies to 
     ship American jobs overseas;
       (2) expand markets for United States exports by enforcing 
     trade laws, stopping unfair currency manipulation, and 
     opening up new markets for products made in the United 
     States;
       (3) promote the development of new, innovative products 
     bearing the inscription ``Made in America'' by creating tax 
     incentives to support United States industries and funding 
     research and education programs to support and train workers 
     in those newly developed areas;
       (4) modernize and improve the highways, bridges, and 
     transit systems of the United States to reduce congestion and 
     the negative impacts of congestion on productivity and the 
     communities of the United States;
       (5) modernize and upgrade the rail, levees, dams, and ports 
     of the United States to get commerce flowing farther and 
     faster;
       (6) place computers in classrooms to ensure that all 
     children in the United States have the tools they need to be 
     the innovators of tomorrow;
       (7) ensure that small businesses and households in the 
     United States have access to high-speed broadband;
       (8) invest in critical new infrastructure, such as a 
     national energy grid, to reduce energy waste and promote the 
     use of renewable energy sources; and
       (9) streamline regulatory policies that unnecessarily put 
     the United States at a competitive disadvantage.
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