John Garamendi: “Thank you. I really hadn't noticed, but they almost parallel. One is right on top of the other. You can put that blue…”

“Thank you. I really hadn't noticed, but they almost parallel. One is right on top of the other. You can put that blue line, and it copies the red line that is the growth in the American trade deficit. I want to just deal with this China thing quickly. We only have another 7 minutes here before we yield the floor. A year ago, this House, with both Republican and Democrat support, passed the China currency legislation that would require the Department of Commerce to put a countervailing tariff on imported Chinese goods if that currency manipulation were to continue. {time} 1840 It went over to the Senate. It did not pass the Senate. This year--I should say, this session, in 2011, the Senate passed a similar bill that would impose a countervailing tariff on Chinese goods as long as China maintained its currency manipulation. It came over to the House nearly 7 months ago. The Speaker and the Republicans have refused to take up that bill--the very same bill that a previous year we voted on bipartisan. This is an important piece of legislation because it would deal with two issues: the loss of American manufacturing jobs and the extraordinary trade deficit, that is, the export of American money to China.…”