By KEVIN NEVERS
U.S. Rep. Pete Visclosky, D-1st, has drafted another letter to
President Bush in his capacity as vice-chair of the Congressional Steel
Caucus, this one urging the president to call a meeting on efforts to
protect the U.S. steel industry from collapse.
"As you may know," that letter reads, "the steel
industry is in the throes of a crisis of tremendous severity with
potentially devastating results. . . . This financial weakness permeates
the industry. Even if the economy does not continue to falter, it is
likely that fully 70 percent of the domestic steel industry will be in
bankruptcy proceedings before the end of the summer."
"The executive and legislative branches of government must be
ready to act quickly and in accord to promote the health of the domestic
steel industry. To facilitate this quick action, we respectfully request
the opportunity to meet with you to discuss our concerns about the
industry and the role that you play in keeping a steel industry on U.S.
soil.
Steel is a vital national interest. It not only provides jobs to
hundreds of thousands of American workers, it is also at the heart of our
national defense. If we become reliant on foreign steel, as we are reliant
on foreign oil, we will place our national security in the hands of
others. We hope that you will agree that the maintenance of a viable
domestic steel industry must be a cornerstone of American economic and
military policy."
Said Visclosky in a statement released last week, "We need
President Bush to commit himself to the vigorous enforcement of our
current laws to ensure that American steelworkers do not fall prey to
illegal trade practices. I hope that the President will fairly consider
and expeditiously accept the Congressional Steel Caucus' request for a
meeting with him to discuss this matter, and other issues of interest to
the domestic steel industry.
President Bush has made impressive attempts to meet with members of
Congress on a bipartisan basis since the beginning of his Administration,
and this would be a great opportunity for him to once again reach out
across party lines to understand the problems that the domestic steel
industry currently faces."