Visa Waiver Program Hearing Before the Subcommittee On International Law Immi
Visa Waiver Program Hearing Before the Subcommittee On International Law Immi
Immigration United States Congress House Committee On the J
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A two-year extension would be even more desirable, to provide ample time for full coiisideration of proposals to make the program permanent. Thank you for your consideration. 58 Mr. Mazzoli. Mr. Farmer. STATEMENT OF GREGORY FARMER, UNDER SECRETARY OF COMMERCE FOR TRAVEL AND TOURISM, DEPARTMENT OF COMMERCE Mr. Farmer. Thank you, Mr. Chairman, and thank you for this opportunity to talk about this most important issue to us. Really what we are talking about from our perspective is jobs, export gro...wth, and return on investment. Last year, as it was stat- ed before, tourism and travel was the number two employer in America. It was the number one service export, and the largest sin- gle trade surplus in the country, 22. 2 billion. And the return on investment, taxes at the Federal, State, and local level, was $7. 7 billion. Mr. Chairman, travel and tourism is going to be the number one industry in the 21st century, the number one employer, and ulti- mately the number one surplus. Because of the things — excuse me, the demographic changes going on in the world, more and more people are going to have disposable income and more and more Eeople are going to have travel restrictions from their countries rought down.
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