NAM Breaks Down Election Results, Outlines Priorities For Next Agenda Though some midterm races remain uncalled, the National Association of Manufacturers (NAM) is preparing for the next phase of its competitiveness agenda. This month, it offered members a breakdown of the election results so far and what they mean for manufacturing policies and pri- orities in the United States. Hosted by NAM Vice President of Government Rela- tions Jordan Stoick, the briefing provided members with an overview of the NAM’s key issue areas, presented by several of the NAM’s policy experts. Tax: According to the NAM Managing Vice President of Tax and Domestic Economic Policy Chris Netram, NAM is pushing Congress to approve key tax incentives for man- ufacturers in a year-end package, including the reversal of
a harmful change in the treatment of R&D expenses that took effect earlier this year and an extension of 100 per- cent bonus depreciation.
Beyond the lame-duck session, NAM will be fighting to make tax reform permanent, he added. Trade: According to NAM Vice President of International Economic Affairs Policy Ken Monahan, the NAM will be advocating re- authorization of the Miscellaneous Tariff Bill. Going forward, priorities will include guarding against the TRIPS waiver at the World Trade Organization (which would harm manufacturers’ intellectual property rights), defusing regulatory and market ac- cess challenges in Mexico and promoting a robust market-opening agenda overall. Energy: NAM Vice President of Energy and Resources Policy Rachel Jones said en- ergy security is likely to remain a key focus of policymakers. She highlighted permitting reform as a possible area for bipartisan progress and noted that implementation of new climate incentives and programs will likely come with heightened oversight from the new Congress next year. Infrastructure: NAM Vice President of Infrastructure, Innovation and Human Re- sources Policy Robyn Boerstling said that supply chain challenges are now the most difficult issue facing manufacturers. She provided an update on rail negoti- ations, addressed the National Labor Rela- tions Board’s robust pro-labor agenda and spoke out in favor of the NAM’s common- sense immigration approach, among other issues. The outlook: “The good news is that re- gardless of the outcome, the NAM remains uniquely positioned to continue to effec-
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