Hr 2203 And Hr 2204 Export Import Bank Tied Aid War Chest Reauthorization

Cover Hr 2203 And Hr 2204 Export Import Bank Tied Aid War Chest Reauthorization
Hr 2203 And Hr 2204 Export Import Bank Tied Aid War Chest Reauthorization
Zation2c20and20defense20production20act20rea
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Thank you, Mr. Chairman. Let me not belabor the points that have been raised, and say at the outset that I will vote for this bill, the extension. But I think I am equally troubled by 24 some of the things that you are saying, as Mr. Barr and Mr. Metcalf are. And I think the thing that I would seek is some reassurance that somebody is beginning to take a look at this law so that at some point in the foreseeable future a proposal will be made to this com- mittee that restructures this law in a w...ay that makes more sense in today's world. I think I understand the practicalities of not doing that imme- diately. But it does seem to me that if we are engaged in a massive restructuring of government, that the military component of that, the defense component of that should not be exempt from that evaluation. And there is a perception that the defense mechanism is being used to some extent as an employment program more than as a strategic and military defense program. And to the extent that that is being used and some of these things need to be restructured to keep that from happening, we need to start looking at that too, because that's driving the Federal deficit in ways like every other part of the Nation's budget is driv- ing the Federal deficit.

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