Metavid

Video archive of the US Congress

Senate Proceeding on Mar 4th, 2010 :: 5:00:45 to 5:02:20
Total video length: 10 hours 9 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Download OptionsEmbed Video

Views:175 Duration: 0:01:35 Discussion

Previous speech: Next speech:

James Webb

5:00:45 to 5:02:20( Edit History Discussion )
Speech By: James Webb

James Webb

5:00:57 to 5:01:17( Edit History Discussion )

James Webb: for new investments. it would allow companies who don't benefit f incentives to utilize existing a.m.t. credits based on new investments that they make in this year for equipment and so on to create jobs. it encourages companies to

James Webb

5:01:18 to 5:01:38( Edit History Discussion )

James Webb: invest and to -- would allow companies to be able to receive badly needed source of capital. this is very, very important, i think, for companies that will be in a position where they're not making a profit but are continuing to invest to maintain their workforce or grow their

James Webb

5:01:39 to 5:02:01( Edit History Discussion )

James Webb: workforce and need to be able to have a source of capital. this is dollars that they would be receiving at some point anyway. because they are -- when they become profitable, they're able to use the credits. we're going to allow them to use a portion, just 10% of those credits, to be able to invest in equipment and facilitys to create jobs here.

James Webb

5:02:02 to 5:02:21( Edit History Discussion )

James Webb: i want to thank many, many businesses and the u.s. chambers, national association of manufacturers, the association of manufacturing technology, the equipment manufacturers, motor and equipment manufacturers, and many, many, many businesses that are in america working to make things, to bring back jobs. this is on behalf of all of them

Personal tools

MetaVid is a non-profit project of UC Santa Cruz and the Sunlight Foundation. Learn more About MetaVid

The C-SPAN logo and other servicemarks that may be found in video content are the property of their respective trademark holders. None of these trademark holders are affiliated with Metavid