Byron Dorgan: “I previously offered an amendment to the pending bill. My understanding is it will likely be accepted. I did not have a…”

“I previously offered an amendment to the pending bill. My understanding is it will likely be accepted. I did not have a chance to speak at any length on the amendment. I want to do so now. I recognize we have a vote in about 10 minutes. I will be mindful of that. The amendment which I offered says that our U.S. trade officials will be prohibited from agreeing to any future trade agreement that would preclude the Congress from blocking the takeover of a U.S. port operation by a foreign company. I offered this amendment in the shadow of this morning's announcement that our monthly trade deficit--get this--was the highest in U.S. history. It was announced this morning-- $68 billion in 1 month. If anyone needs additional information about the failure of our trade strategy and the failure of this so-called ``free trade'' nonsense we have been hearing around here, take a look at this morning's announcement--$68 billion trade deficit in 1 month.”