A guest post by AAM intern Whitney Stack:

House Speaker Nancy Pelosi applauded President Obama’s signing of the Manufacturing Enhancement Act this week, stating, "In signing the U.S. House Speaker Nancy Pelosi applauded President Obama’s signing of the Manufacturing Enhancement Act this week, stating, "In signing the U.S. Manufacturing Enhancement Act today, President Obama reaffirmed Democrats' clear message: when we 'make it in America,' we create jobs and lead the world economy.” The Speaker also criticized House Republican leaders who apposed opposed the Act. She said they chose “political gamesmanship over America's workers,” and that a vote against the bill was “a vote to preserve tax breaks for corporations that ship American jobs overseas.” The Manufacturing Enhancement Act adjusts import fees to benefit U.S. companies. It is one of the steps in the Democrats’ Make It in America program designed to support American manufacturing and American jobs. President Obama said as he signed the bill into law that he disagrees with economists who have suggested that the decline in the U.S. manufacturing sector is inevitable. "For too long, we've been buying too much from the rest of the world," said the President. "It is vitally important that we reverse that trend." Also at the signing ceremony, the President also urged Congress to approve expansion of tax credits for companies investing in green energy. In addition to that, the Alliance for American Manufacturing (AAM) is strongly urging Congress to stop currency manipulation by China and other countries that enable them to sell their exports at artificially low prices while making U.S. exports to those countries more expensive. Currency manipulation is linked to the loss of millions of American manufacturing jobs.