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multiyear

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Occurrences in the Congressional Record

Entry Title Date
Tsca Modernization Act Of 2015 June 23, 2015
John Shimkus, R-IL
"As everyone else has done, I want to take a moment to thank our colleagues. This has been a multiyear, multi-Congress approach. As a former high school teacher in government history, so far, the system is working on this bill, and we are hoping for good things as we move forward with conference and get something to the President’s desk. I harken back to Paul Tonko’s comment and Frank Pallone’s comment that we could pass a bill but that, if we wanted to pass a law, we really needed to open up the process a little bit. That was very helpful to me, and I appreciate that."
National Defense Authorization Act For Fiscal Year 2016 June 4, 2015
Jack Reed, D-RI
"The other issue here, too, is that this is the first step in a multiyear process. We are not quite sure how much additional funding will be needed over the next several years. It is clear from the Army that additional funding will be needed."
National Defense Authorization Act June 4, 2015
Susan Collins, R-ME
"The legislation affirms the strategic importance of our Navy and shipbuilding programs by fully funding the DDG 1000 Program and authorizing $400 million in incremental funding authority toward an additional DDG 51 beyond those included in the current multiyear procurement contract. This additional ship is very much needed by our Navy and it would fulfill the terms of a 2002 swap agreement between the two major shipbuilders regarding the construction of large surface combatants. Both my colleague Senator Angus King and I advocated for these critical provisions."
Our Country’S Transportation System May 21, 2015
Thomas Carper, D-DE
"My concern about this issue should come as no surprise to any of my colleagues. For years I have been outspoken about my desire to fully fund a multiyear transportation bill."
Ensuring Tax Exempt Organizations The Right To Appeal Act May 20, 2015
Rand Paul, R-KY
"Even as Washington grapples with the diplomatic and political fallout of Mr. Snowden’s leaks, the more urgent issue, companies and analysts say, is economic. Tech executives, including Mark Zuckerberg of Facebook, raised the issue when they went to the White House…for a meting with President Obama. It is impossible to see now the full economic ramifications of the spying disclosures—in part because most companies are locked in multiyear contracts—but the pieces are beginning to add up as businesses question the trustworthiness of American technology products. The confirmation hearing last week for the new NSA chief, the video appearance of Mr. Snowden at a technology conference in Texas and the drip of new details about government spying have kept attention focused on an issue that many tech executives hoped would go away. Despite the tech companies’ assertions that they provide information on their customers only when required under law— and not knowingly through a back door—the perception that they enabled the spying program has lingered. “It’s clear to every single tech company that this is affecting their bottom line,” said Daniel Castro, a senior analyst at the Information Technology and Innovation Foundation, who predicted that the United States cloud computing industry would lose $35 billion by 2016. Forester Research, a technology research firm, said the losses could be as high as $180 billion, or 25 percent of industry revenue, based on the size of the cloud computing, web hosting and outsourcing markets and the worst case for damages. The business effect of the disclosures about the NSA is felt most in the daily conversations between tech companies with products to pitch and their wary customers. The topic of the surveillance, which rarely came up before, is now “the new normal” in these conversations, as one tech company executive described it. “We’re hearing from customers, especially global enterprise customers, that they care more than ever about where their content is stored and how it is used and secured,” said John E. Frank, deputy general counsel at Microsoft, which has been publicizing that it allows customers to store their data in Microsoft data centers in certain countries."

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