Bill Pascrell: “I rise in strong support of the motion so that we can amend the rule and provide for the consideration of a bill that…”

“I rise in strong support of the motion so that we can amend the rule and provide for the consideration of a bill that will create over 1 million jobs, the Currency Reform for Fair Trade Act. The floor schedule of the House has long been determined by the majority leader. Everybody knows that. I'd hope that the majority leader would therefore represent what is the majority of our Members, 230 Members who cosponsored the bill-- that's not so bad--and schedule it for a vote. We quite simply can't afford to wait any longer. China's currency manipulation has a devastating impact on manufacturing and other industries across this country. This results in Chinese exports being up to 30 percent cheaper in America. Now you know where the problem is. Now you know what's hurting American industries. Conversely, our exports are being more expensive in China. Estimates vary, but economists believe that this manipulation reduces unemployment by no more than 1 million to 1\1/2\ million. The SPEAKER pro tempore (Mr. Bass of New Hampshire). The time of the gentleman has expired.”