Mr. Chairman, I appreciate the gentleman's courtesy and the work going on here.
Mr. Chairman, earlier we had a flurry of activity, because this is a complex and controversial area. I appreciate my other friend from Illinois helping spotlight some of the potential problems that we have potentially of overreaching in terms of what we want to do dealing with export controls and dual-use technology.
This is an area that if we are not careful, if it is not carefully crafted, could potentially boomerang against American interests. It could actually undermine what we want and in fact encourage the flow of business away from the United States and actually encourage other countries to step in and accelerate their development.
I think there has been a lot of hard work done to sort of try and hit the sweet spot here, to try and deal with some very real concerns about proliferation of sensitive technology, but to also be sensitive to the needs of American technology-based industries.
We have had conversations in our committee in the past. Some of what we have done I think needs to catch up with where technology has gone.
There is probably more technology at home in the bedroom of Emily Ann in my house than the United States had when it developed the atomic bomb in terms of computer technology. We need to be I think sensitive to making sure that we do not put a stranglehold on American interests and that we are able to move forward to deal with our legitimate interests.
I hope that as we move forward with this, that there is an opportunity for us to have a broader conversation about dual-use applications, about export controls, and be able to move forward in the future with the sophistication that it deserves.