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Rep. Bilbray Helps Create Jobs By Supporting the America's Cup

Statement

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Date:
Location: Washington, DC

With an unemployment rate of 11.9% in California and 9.7% in San Diego, Congressman Brian Bilbray's first priority is to help create an environment where the private sector can grow and create jobs. Today, Congressman Bilbray (CA-50) introduced H.R. 3270, the America's Cup Act of 2011, with strong bipartisan support. This legislation temporarily and narrowly waives the provisions set forth in the Merchant Marine Act of 1920, commonly known as the Jones Act, making it lawful to hold the sailing competition closer to the coastline and in U.S. bays and harbors. Please see the following statement:

"This legislation will help provide $20 million in economic benefits to San Diego businesses and generate more than 9,000 jobs and $1.5 billion in economic benefits nationwide. Revenue from television broadcasts, local merchant sales, and recreational boating will have a positive impact on our region's economy and provide Americans from coast-to-coast the opportunity to better support our team as they compete in the premier sailing event in the world." -- Congressman Brian Bilbray, Represents California's 50th Congressional Distric


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