11:03 a.m.: NAM chair Mary Andringa: “Manufacturing means jobs!”
11:04 a.m.: Iowa Gov. Terry Branstad: Most important issue facing America is jobs
11:06 a.m.: Hearing from America’s manufacturing workers. Over 12 million Americans work in modern manufacturing.
11:07 a.m.: Each candidate will answer questions from moderators Tom Hudson and Governor Branstad and audience.
11:08 a.m.: Gov. Rick Perry up first.
11:08 a.m.: Perry: Texas created 1 million net new jobs with Perry as governor.
11:09 a.m.: Perry hits EPA regulations.
11:10 a.m.: Perry: People have lost confidence to take risks.
11:10 a.m.: Perry: Way to create jobs is not by overtaxing, overregulating, over-litigating.
11:11 a.m.: Perry: Federal government needs to be completely out of the energy business picking winners and losers.
11:12 a.m.: Perry: Let states decide whether to offer energy incentives.
11:13 a.m.: Let private sector and market decide winners and users.
11:14 a.m.: Energy policy: Did you manufacturers consumer one-third of the energy output in the U.S.? Affordable and accessible energy is critical to manufacturing’s growth.
11:15 a.m.: Perry: “All of the above” energy policy.
11:17 a.m.: Perry supports Keystone pipeline. Knows that oil will go somewhere–why not the U.S.?
11:18 a.m.: Perry: create jobs in the energy sector; develop energy safely and cleanly and put people to work.
11:19 a.m.: Skills gap.
11:20 a.m.: Perry: College costs too high. Consider new approaches to education that can give students the skills they need and help bring down costs.
11:21 a.m.: Perry has his flat tax postcard.
11:22 a.m.: Perry will take a “wrecking ball” to the corporate tax code and personal tax code as well.
11:23 a.m.: Perry: Let’s quit penalizing Americans for making money.
11:23 a.m.: Rick Santorum up now.
11: 24 a.m.: Santorum: Manufacturing has a great multiplier effect in the economy.
11:25 a.m.: Santorum touts the promise of manufacturing jobs. Did you know the average manufacturing earns $77,186 in pay and benefits annually? $20,000 more than average workers in other industries.
11:26 a.m.: Santorum has read the Manufacturing Institute’s and MAPI’s new cost study: 20 percent more expensive to manufacture in the U.S.
11: 28 a.m.: Santorum: GOP president would change attitude in DC and country.
11:29 a.m.: Santorum: Phase out energy tax credits.
11:3o a.m.: Santorum: Take advantage of Marcellus Shale in his home state of Pennsylvania.
11:31 a.m.: Santorum on infrastructure: Need for a federal role–in therms of interstate commerce. Trucks go through PA without stopping.
11:32 a.m.: Santorum on Dodd-Frank financial bill: Repeal it. I’m against “too big too fail.”
11:34 a.m.: Santorum: Dodd-Frank hurts small banks.
11:34 a.m.: Question from audience: What would Santorum do first? Santorum: “Repeal Obamacare.”
11:35 a.m.: Santorum: Repeal the whole thing. Not just waivers for states. Job No. 1.
11:36 a.m.: Repeal health law–what replaces it?
11:37 a.m.: Santorum highlights HSAs. Get consumers involved in marketplace with regard to prices and quality… Consumer-driven health care.
11:38 a.m.: Next up: Rep. Bachmann.
11:39 a.m.: Bachmann: We need the federal government to get off our backs with regard to taxes.
11:40 a.m.: Bachmann: Taxes, regulation, tort, energy–need good policies on all fronts.
11:40 a.m.: Bachmann: 95 percent of consumers live outside the United States.
11:41 a.m.: Bachmann: Government is a cost of doing business.
11:42 a.m.: Bachmann: Grow our market share. U.S. only negotiating one FTA among dozens around the world.
11: 43 a.m.: Businesses going to Canada? Canada has reduced its corporate tax rate–soon to decrease to 15 percent.
11:46 a.m.: Bachmann: Let multinationals repatriate their earnings overseas.