Senator Pryor shares his "Six Point Solution" at the World Trade Center Arkansas

On October 25th, Senator Mark Pryor visited the World Trade Center Arkansas for a scheduled press conference introducing his “Six Point Solution” towards economic growth and deficit reduction.  Senator Pryor’s points brought light to the economic potential for Arkansas through National reform needed in Washington.

In his solution, Pryor called for: the reduction in deficit, expanded market access, the advancement of nanotechnology, expansion of clean and domestic energy and expansion of the production of products through the American Opportunity Act.  Within each area of the six point plan, Senator Pryor highlighted what the individual change could do for Arkansas’ job growth.  ‘’Lifting export restrictions in Cuba alone could potentially generate 480 new jobs for Arkansans”, says Pryor.   The Senator’s proposal for advancement of nanotechnology is estimated to bring in $1 trillion by 2015.  This technology would help support science parks in Fayetteville and Little Rock.

What would the reductions in budget be able to do for our national deficit?  Senator Pryor’s proposed cuts show just how much can be saved through a few of the following Acts:

• Government Excess Prevention Act (Saves $8 b.)       http://www.govtrack.us/congress/bill.xpd?bill=s112-477
• Federal Contractors Accountability Act (Saves $1.5 b.)http://www.govtrack.us/congress/bill.xpd?bill=s112-478
• Federal Real Property Disposal Act (Saves $1 b.)       http://www.govtrack.us/congress/bill.xpd?bill=s112-479
• Broadcast Savings Act (Saves $30m./year)                 http://www.govtrack.us/congress/bill.xpd?bill=s112-476
• Prisoner Fraud Reduction Act (Saves $134m./year)     http://www.govtrack.us/congress/bill.xpd?bill=s112-1367

 

Within all of the reform changes proposed by Pryor, the Arkansas Senator emphasized the solutions needed to invest in Arkansas’ infrastructure.  “Now is the time to make major investments’’, says Pryor.  “Modernizing our roads, rails, waterways and runways will create good-paying jobs in the near-term, while increasing productivity and expanding our exports in the long-term.”