WASHINGTON – As the US bleeds manufacturing jobs, a House of Representatives committee has approved a bill designed to stem the tide.

The legislation would require the president to direct a board of federal officials, private sector executives and a bipartisan group of governors to assess the state of manufacturing and make recommendations. The goal is to produce a four-year national strategy for building US manufacturing competitiveness.

Rep. Daniel Lipinski (D-IL), who sponsored the bill, asserts America has lost one-third of its manufacturing jobs during the past decade. "[T]these job losses were not inevitable, and I do not accept the notion that there is nothing we can do."

The bill could be voted on by the full House today, and Lipinski is in discussion with Senate colleagues on a similar bill.