[Congressional Record (Bound Edition), Volume 155 (2009), Part 6]
[House]
[Pages 7752-7753]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1030
                  RESEARCH AND DEVELOPMENT TAX CREDITS

  (Mr. BOCCIERI asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. BOCCIERI. Mr. Speaker, the American people are demanding 
leadership, and we will be judged in this House by two measures, by 
action or inaction, and whether what we do in this House is going to 
put our economy and our people back on track.
  And let me tell you, while some of my colleagues stand with their 
arms extended and say ``no,'' we stand here today and say ``yes,'' that 
America can and will recover from this great economic downturn.
  I found a Member on the other side of the aisle who would stand with 
me to make permanent research and development tax credits that will 
invest in energy programs that will benefit Ohio and put our Nation on 
the road to recovery. I talk about a tax credit that will help 
companies like the EBO Group in my district that's studying plug-in 
hybrids and batteries that can make our cars more efficient, or the 
Rolls Royce Corporation in my district with the research and 
development tax credit that will give them the wherewithal to invest in 
fuel cell technology so we can move away from our dependence on foreign 
oil.
  My friends, we will be judged as leaders or blockers. Are we going to 
say

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``yes'' or are we going to say ``no''? Are we going to act or are we 
not? This is the time we need to invest in America, in her greatest 
time of need.

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