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Public Statements

Lamenting the Fact that H.R. 2362 Did Not Pass

Floor Speech

By:
Date:
Location: Washington, DC

Mr. MORAN. Mr. Speaker, I wanted to submit an article printed in the July 27th issue of The Hill that came to my attention. Entitled ``Native American tribal leaders: Indian Country shouldn't be hostage to far-off conflicts'' and written by Native American tribal leaders Eric Bruguier and Lloyd Irvine, the authors lament the fact that the Indian Tribal Trade and Investment Demonstration Project Act (H.R. 2362) failed to secure the necessary votes to pass under a suspension of the rules.

As a cosponsor of this measure, I am also disappointed this measure failed to pass. With the unemployment rate on American Indian reservations averaging between 40 percent and 50 percent, with poverty that transcends generations and incomes and educational attainment all well below the national average, this bill would have enabled foreign investors to partner with Native Americans on reservations to create new businesses and generate income where little to none exists today.

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