[Congressional Record Volume 158, Number 160 (Wednesday, December 12, 2012)]
[House]
[Pages H6713-H6714]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SEQUESTRATION
(Mr. LANGEVIN asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. LANGEVIN. Mr. Speaker, impending budget cuts under sequestration
pose a serious risk to America's leadership in a variety of areas. The
one in particular that I want to focus on today is the serious risk to
America's leadership on a clean-energy economy and to developing grid-
scale energy infrastructure, made possible in part by the Production
Tax Credit. These investments help to ensure our Nation's energy
security and independence while spurring growth in a wind industry that
supports over 70,000 jobs nationwide, including hundreds in Rhode
Island.
Mr. Speaker, Rhode Island receives 7 percent of its State revenue
from Federal grants that are subject to sequestration. Unless averted
by Congress, it
[[Page H6714]]
could threaten the health of Rhode Island's local economies and risk
another national recession.
I know we have difficult choices ahead; but if there's one mandate
both parties can claim from the November election, it is to solve our
Nation's economic and fiscal challenges together. Although we may not
agree on all aspects of a solution, we can all agree on the need to
address the impending problem. The clock is ticking.
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