On the recordMarch 16, 2011
Now, let's talk about this Brazilian cotton, and let me tell you, if I were you--I'd say to the Chair, if I were the ranking member, I would talk about anything but buying this property and fixing it up. I'd do anything to avoid that conversation. I'd avoid anything to talk about that we're paying the banks with taxpayer money. But you mentioned Brazil and you said it was a stupid deal. You said it took a Flip Wilson to do this. Well, it was Ron Kirk, trade ambassador, that entered into the agreement. And who hired him? President Obama. So you ought to take it up with the Democratic administration who saddled us with this $150 million obligation. I close with Afghanistan. I have a son who's in the U.S. Marines. He was in there for 10 years and he's out now, but let me tell you something. I will spend money to build up an Afghan force so we can bring our young men and women home. [From the Office of the United States Trade Representative, Executive Office of the President] U.S., Brazil Agree on Framework Regarding WTO Cotton Dispute Washington, DC.--Today Brazil's Ministers reached a decision in support of a Framework regarding the Cotton dispute, which would avert the imposition of countermeasures of more than $800 million this year. This includes more than $560 million in countermeasures against U.S. exports which were scheduled to go into effect on Monday, June 21, 2010, as well as possible countermeasures on intellectual property rights that could have taken effect later.…
Source
govinfo.gov




