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November 5, 2014

Election Must Bring Economic Certainty Says Metals Service Center Institute

Contact:

Ashley DeVecht, director of communication, 847-485-3011 or 616-260-2785
Dianna Smoljan, 708-945-7405

 
 

Election Must Bring Economic Certainty Says Metals Service Center Institute 

Rolling Meadows, Ill., November 5, 2014 — M. Robert Weidner, III, president and CEO of the Metals Service Center Institute (MSCI), says the midterm election results are evidence that voting does make a difference and that Americans are ready for a change in the way the country is led.

“Tuesday’s election results are evidence that Americans are feeling uncertain and frustrated and want change, leadership and bipartisanship,” said Weidner. “It’s clear Americans are tired of gridlock. Elections matter, and the message yesterday was that if Washington fails to act, our country, our families and our industry will continue to suffer.”

Lawmakers must begin the necessary work to rebuild our economy before the 114th Congress convenes in January. During the lame duck session in November and December, MSCI will support quick action on the fiscal year 2015 spending bills and on a “tax extenders” bill that reauthorizes more than 50 tax provisions that expired at the end of 2013. We will also urge legislators to avoid partisan, unilateral actions during the lame duck session.

“Action on tax and spending legislation in November and December will give our members the economic certainty they need going into the new year,” said Weidner. “But when members of the 114th Congress take office in January, they must focus on the long-term, systemic issues facing our country: tax reform, immigration reform and entitlement reform. They must also correct some of the problems with the Affordable Care Act, address currency manipulation and set energy and infrastructure policies that will drive growth and create jobs. The time for action is now.”

 For more information on MSCI’s policy agenda, visit MSCI’s website.

 

About MSCI

Founded in 1909, the Metals Service Center Institute, based in Rolling Meadows, Ill., is a non-profit association serving the metals industry.  It has over 400 member companies operating from more than 1,500 locations in the United States, Canada, Mexico and throughout the world. A recent study shows the American metals industry accounts for nearly 2.5 million jobs and the economic contribution of the industry is more than $552 billion or more than 3.5% of the nation’s gross domestic product. 

For more information, visit www.MSCI.org. “Like” us on Facebook at Metals Service Center Institute, follow us on Twitter @MSCITweets, and connect with us on LinkedIn at Metals Service Center Institute. Join the discussion: #MetalsImpact.