Jeff Bingaman: “Between 2000 and 2006, the United States lost more than 3,000,000 manufacturing jobs. In 2006, the international trade…”

“Between 2000 and 2006, the United States lost more than 3,000,000 manufacturing jobs. In 2006, the international trade deficit of the United States was more than $763,000,000,000, $232,000,000,000 of which was due to the Nation's trade imbalance with China. Preserving and increasing jobs in the United States that pay a living wage should be a top priority of Congress. Providing loan guarantees, direct loans, grants, and technical assistance to employees to buy their own companies will increase the competitiveness of the United States.”