ABSTRACT

Serial No. 108-13: H.R. 1280 - The Defense Production Act: Reauthorization of 2003: Hearing before the Subcommittee on Domestic and International Monetary Policy, Trade and Technology of the Committee on Financial Services, U.S. House of Representatives, One Hundred Eighth Congress, First Session, March 19, 2003   [open pdf - 1MB]

In 2001, when my city of New York was attacked, the Nation responded as one with aid. Today, while individuals may have divergent rules about war, we are united in hope for the well being of our troops and the innocents in the Gulf. In the future, our Nation may again have to respond to an earthquake in California, Florida hurricane, or random terrorist strike. In all these cases, it is critical that the President is empowered to invoke the Defense Production Act. In recent years, the Act has been used by the Armed Forces in the first Gulf War, Bosnia, Kuwait and in the present conflict. During peacetime, it has been used to fortify U.S. Embassies. The use of the Act is not a political issue in the sense of whether or not the U.S. should use force. The primary sections of the bill are Title I, authorizing the President to require priority performance of contracts or commit materials to promote national defense. Title III provides the President tools to ensure the viability of U.S. industries essential to national security. This authority has been used to maintain domestic production in industries dominated by foreign companies where markets are too small to otherwise sustain an upstart company. This bill continues to gain attention in the House because the failure to reauthorize could have serious consequences given current world events, and hold implications for the direction of U.S. security policy for years to come.

Report Number:
Serial No. 108-13
Publisher:
Date:
2003-03-19
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
URL:
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