Political Quotes

On the recordJune 19, 2003
I rise to introduce the ``TRADE for America's Communities Act'' in recognition of the critical need to provide economic development assistance to communities, across this Nation, that have been negatively impacted by trade. I am pleased to be joined by Senator Murkowski in offering this critical legislation. We are faced with a challenge to a U.S. trade program from the international community and with communities that are being left behind in an era of global commerce. Congress must make the difficult decisions to turn these two challenges into opportunities for this Nation. In 1999, I supported the Continued Dumping and Subsidy Offset Act, authored by Senator DeWine, that used the revenue from countervailing and antidumping tariff duties to provide assistance to the firms that were affected by unfair trade. I supported that bill because it introduced an important policy principle: that the revenue from unfair trade should be used to help those hurt by trade. Unfortunately, that act ran afoul of our international commitments.
Said by
Olympia Snowe
Republican · Maine

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Introducing the TRADE for America's Communities Act to assist communities affected by trade.

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