[Congressional Record Volume 159, Number 33 (Thursday, March 7, 2013)]
[Extensions of Remarks]
[Page E255]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   PANDEMIC AND ALL-HAZARDS PREPAREDNESS REAUTHORIZATION ACT OF 2013

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                               speech of

                           HON. JACK KINGSTON

                               of georgia

                    in the house of representatives

                         Monday, March 4, 2013

  Mr. KINGSTON. Mr. Speaker, I rise today in support of the Pandemic 
Reauthorization bill to acknowledge the importance of PHAPA and the 
pandemic and medical countermeasure community; however, I do so with 
reservations. While H.R. 307 does not allocate funds, this bill does 
reauthorize the Special Reserve Fund for five years. The multiyear fund 
gives industry a degree of certainty when embarking on long term, 
multi-million dollar investments to create treatments that do not have 
a private market to reply upon. This is an important goal. However, our 
federal budget is bloated with forty-two cents out of every dollar 
borrowed and the refunding of the Special Reserve Fund comes at a 
particularly difficult time. A better structure for this funding 
mechanism must be developed. Nonetheless, I support the work PHAPA 
supports and will continue to discuss fiscally-sound funding solutions 
for the Special Reserve Fund during the FY2014 Labor, Health and Human 
Services subcommittee on Appropriations hearings and meetings.

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