Inhofe Bipartisan Jobs Bill Advances to Senate Floor

Boxer-Inhofe Urge Quick Senate Floor Action

Inhofe Statement: EDA Reauthorization Business Meeting

Boxer, Inhofe Introduce Bipartisan Job-Creation Bill 

WASHINGTON, D.C. - U.S. Sen. James M. Inhofe (R-Okla.), Ranking Member of the Senate Environment and Public Works Committee, today welcomed Committee passage of a Boxer-Inhofe bipartisan jobs bill that will lead to job growth in Oklahoma and across the nation. The bill passed out of committee by a vote of 18-0. The bill now moves to the Senate Floor for consideration. 

“I am pleased by today’s Committee passage of the Boxer-Inhofe EDA reauthorization bill,” Senator Inhofe said.  “This is a bill that when signed into law will mean new jobs in Oklahoma and across the nation. EDA works with partners in economically distressed communities to create wealth and minimize poverty by promoting favorable business environments that attract private investment and encourage long-term economic growth. Oklahoma cities from Woodward to Elgin, Claremore to Durant, have already benefited from the great work EDA does. In fact, since 2003, the EDA has awarded $33 million in project and infrastructure funding in Oklahoma, which has been leveraged with $32.7 million in state and local dollars and $625 million in private investments, creating more than 9,000 jobs.  

“Through my leadership position on the Senate EPW Committee, I have fought hard to promote responsible ways for the government to work to address the current economic recession. I look forward to the full Senate passing this jobs bill as soon as possible.”

BACKGROUND: 

This week, Senator Inhofe joined Senator Barbara Boxer (D-CA), Chair of the EPW Committee;  Senator Baucus (D-MT),  Chairman of the Transportation and Infrastructure Subcommittee; Senator George Voinovich (R-OH), Ranking Member of the Transportation and Infrastructure; and EPW Committee members Senator David Vitter (R-LA) and Senator Jeff Merkley (D-OR) to introduce the legislation to reauthorize the Economic Development Administration.  

As Chairman of the EPW Committee in 2004, Senator Inhofe sponsored the last reauthorization of EDA. Since Inhofe became Chairman of the Committee in 2003, the EDA has awarded $33 million in project and infrastructure funding in Oklahoma, which has been leveraged with $32.7 million in state and local dollars and $625 million in private investments, creating more than 9,000 jobs.

In February 2009, Senator Inhofe introduced legislation to reauthorize the EDA. EDA works with partners in local communities to create wealth and minimize poverty by promoting favorable business environments that attract private investment and encourage long-term economic growth.

The EPW Committee held an EDA oversight hearing in May 2009 where LaVern Phillips, President of the Woodward Industrial Foundation in Oklahoma, presented testimony.

In September 2008, Senator Inhofe invited Elgin, Oklahoma Mayor Larry Thoma before the Subcommittee on Transportation and Infrastructure to discuss the importance of the Economic Development Administration in Elgin.

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