American Competitiveness Act

Expresses the sense of the Senate that Congress should:

1. eliminate tax loopholes that encourage companies to ship American jobs overseas;
2. expand markets for United States exports;
3. promote the development of new, innovative products bearing the inscription "Made in America";
4. modernize and improve U.S. highways, bridges, and transit systems;
5. modernize and upgrade U.S. rail, levees, dams, and ports;
6. place computers in classrooms;
7. ensure that U.S. small businesses and households have access to high-speed broadband;
8. invest in critical new infrastructure; and
9. streamline U.S. regulatory policies.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                  S. 1

    To strengthen the economic competitiveness of the United States.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             January 25 (legislative day, January 5), 2011

Mr. Reid (for himself, Mr. Durbin, Mr. Brown of Ohio, Mrs. Gillibrand, 
 Mr. Coons, Mrs. Boxer, Mr. Lautenberg, Mr. Begich, Mrs. Shaheen, and 
  Mr. Akaka) introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
    To strengthen the economic competitiveness of the United States.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``American Competitiveness Act''.

SEC. 2. SENSE OF THE SENATE.

    It is the sense of the Senate that Congress should--
            (1) eliminate tax loopholes that encourage companies to 
        ship American jobs overseas;
            (2) expand markets for United States exports by enforcing 
        trade laws, stopping unfair currency manipulation, and opening 
        up new markets for products made in the United States;
            (3) promote the development of new, innovative products 
        bearing the inscription ``Made in America'' by creating tax 
        incentives to support United States industries and funding 
        research and education programs to support and train workers in 
        those newly developed areas;
            (4) modernize and improve the highways, bridges, and 
        transit systems of the United States to reduce congestion and 
        the negative impacts of congestion on productivity and the 
        communities of the United States;
            (5) modernize and upgrade the rail, levees, dams, and ports 
        of the United States to get commerce flowing farther and 
        faster;
            (6) place computers in classrooms to ensure that all 
        children in the United States have the tools they need to be 
        the innovators of tomorrow;
            (7) ensure that small businesses and households in the 
        United States have access to high-speed broadband;
            (8) invest in critical new infrastructure, such as a 
        national energy grid, to reduce energy waste and promote the 
        use of renewable energy sources; and
            (9) streamline regulatory policies that unnecessarily put 
        the United States at a competitive disadvantage.
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