Political Quotes

“this morning the Senate will hold a vote to advance legislation to end the underhanded practice of currency manipulation by the Chinese Government. This practice gives Chinese exports a tremendously unfair advantage over all the global markets but especially the one with our relations with China. It hurts American manufacturers and cheats American workers out of jobs. This practice has helped balloon America's trade deficit with China from $10 billion to $273 billion in the last 20 years, costing upwards of 3 million jobs. Too many of those lost jobs came from the manufacturing sector alone, which can't compete as long as the Chinese Government gives its exports special advantages. This legislation is a chance to even a tilted playing field, to pump $300 billion into our economy in 2 years, and support 1.6 million American jobs. That is why it has the support of labor unions and business groups. That is why it advanced with an overwhelming bipartisan vote on Monday. I believe there were 31 Republican votes on Monday. I would remind my Republican colleagues that since the Senate began debate of this bill, China has made no move to correct the value of its currency. It is clear that merely considering congressional action will not solve this problem, so it is difficult for me to comprehend how people could be switching their votes from Monday to Thursday. We have offered to work with Republicans on an agreement to consider several germane amendments.…”