In the Committee on Ways and Means we are debating CAFTA, and market analysts estimate the U.S. economy is losing up to $1.24 billion annually in agricultural exports alone because of the Cuban embargo. According to the USTR, CAFTA would bring $1.5 billion in agricultural trade. Six countries, $1.5 billion; one country, $1.24 billion in trade. The administration says CAFTA is a way for America to support freedom and democracy and economic reform in our hemisphere, yet the Cuban embargo they say is also a way to support freedom, democracy and economic reform to developing Cuba. The consistency in your trade policy would bring a smile to George Orwell's face.
Rep. Rahm Emanuel: “In the Committee on Ways and Means we are debating CAFTA, and market analysts estimate the U.S. economy is losing up to…”
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