the sugar provisions in the Central American Free Trade Agreement would cost U.S. taxpayers $500 million over the next 10 years, according to estimates released this week by the nonpartisan Congressional Budget Office. The CBO, the arm of Congress that estimates the costs of legislation, also found that revenues in the U.S. Treasury would fall by $4.4 billion over the same 10 years if CAFTA is enacted. So this trade agreement, the Central American Free Trade Agreement, is not just about our trade deficit, which has gone from $38 billion to $618 billion in the last 12 years; it is not just about lost jobs, and we have lost 3 million jobs, manufacturing jobs alone in the last 5 years; it is also about busting our budget. It is going to cost us jobs, it is going to swell the trade agreement, it is going to cost us $4.4 billion, and it does nothing for the people of Central America or families in the United States. ____________________
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