Tom Pauken, chairman of the Texas Workforce Commission, said Congress should pass legislation proposed by FedEx’s chairman, Fred Smith, that would allow companies making capital investments in the U.S. to write those off within a year — rather than a number of years — "while unemployment remains high." "Alternatively, Congress should reinstate the investment tax credit which allows for accelerated depreciation for capital investments in the United States" said Pauken, a Republican. Full Article at Fort Worth Star-Telegram