Let me say to my colleagues before the vote here, this is a motion to disapprove of the President's waiver of the Jackson-Vanik amendment to the U.S. Trade Relations Act. Right now, all of us can trade with China. There is no problem there. You or I could go out to trade with them. All corporations can trade with them. But under this motion, we are saying yes to disapprove of the President's waiver. What he wants to do is continue this waiver of the Jackson-Vanik amendment so that basically when businesses go into China, they are subsidized by U.S. taxpayers, agricultural subsidies, Ex-Import Bank subsidies and a myriad of these subsidies that helps businesses when they go in. But when the taxpayer goes into business for himself, does he get support and subsidies from the government? No. So all we are saying today, vote yes on this motion to prohibit this waiver by the President of the Jackson-Vanik amendment and let these businesses continue to go in and continue to do business but not at the taxpayers' expense.
Cliff Stearns: “Let me say to my colleagues before the vote here, this is a motion to disapprove of the President's waiver of the…”
Editor's note · Context
Discussing a motion to disapprove the President's waiver of the Jackson-Vanik amendment regarding trade with China.
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