The 113th Congress will soon be in the history books, with a record for advancing long-term economic growth that's spotty at best. Indeed, there are a couple of significant actions legislators could take that would tangibly benefited jobs creation and business performance.
In the decade since Ronald Reagan’s death, appraisals of the U.S.’s 40th president have focused on his policies’ bold colorings. To help end the Cold War, he first demonstrated to Soviet leaders the folly of trying to keep up with a technologically advanced American military. Reagan’s economic policies also unapologetically advanced the interests of American workers and businesses when he saw foreign competitors had the advantage of an unlevel playing field.
The Aerospace Industries Association applauds the Administration’s issuance of revisions to Category XV of the U.S. Munitions List (USML) that will end excessive restrictions on space systems like commercial satellites and related articles. After a six month delayed implementation, the interim final rule will remove many of these less sensitive technologies from the USML and place them under the more appropriate controls of the Commerce Control List.
The Export-Import Bank of the U.S. is responsible for allowing businesses to export their products globally. It has for decades helped level to playing field for domestic export, build the U.S. economy by being a self-sustaining organization that returns money to American taxpayers and supports small businesses and jobs in America.
From November 17th - 21st AIA members participated in the 2013 Dubai Airshow (DAS), held for the first time at the new Al Maktoum International Airport in Jebel Ali, Dubai. AIA supported more than 450 U.S. government and military personnel from the U.S. Department of Commerce, Department of State, and Department of Defense participating at DAS.