[Congressional Record (Bound Edition), Volume 155 (2009), Part 23]
[House]
[Page 31910]
[From the U.S. Government Publishing Office, www.gpo.gov]




          MAKING RESEARCH AND DEVELOPMENT TAX CREDIT PERMANENT

  (Mr. BOCCIERI asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. BOCCIERI. Madam Speaker, we will be judged by two measures in the 
United States Congress: action or inaction. I stand here before you 
today to tell you that we will recover from this economic recession. 
That is why bipartisan efforts by myself and Congressman Chris Lee have 
worked across the aisle to make research and development tax credits to 
companies permanent so that they can manufacture and produce and 
research their products right here in the United States.
  Our legislation creates American jobs and helps companies innovate by 
giving them an incentive to research and develop right here in the 
United States. This tax credit is an investment in our Nation's 
manufacturers. By making research and development tax credits 
permanent, our bill takes critical steps to make the U.S. more 
competitive because our credit will be comparable to those offered by 
other countries.
  We will recover, and we will be judged by action or inaction. We will 
recover from this recession by investments into our manufacturing base 
in this great country.

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