On the recordFebruary 13, 2018
Mr. Speaker, I thank Chairman Reichert for his work on this. As Chairman Brady said, this is very important. I have a lot of manufacturers in my district who really can't get parts in this country and they depend on other countries, and it is vital that they remain competitive. So I thank Chairman Reichert for his work on this. I rise today to support the reauthorization of the Generalized System of Preferences program, or GSP. In 2016, job creators and producers in my State saved $16 million on $422 million worth of imports. In 2017, producers in my State saved $17 million on GSP imports through reduced tariffs. These savings translate directly to how much companies can reinvest in their businesses and their employees. GSP also provides the executive branch with effective enforcement strategies to make sure the United States is not being taken advantage of in trade deals. President John F. Kennedy once said: ``A rising tide lifts all boats.'' This is the opportunity before us today. We can support American prosperity while helping lift others out of poverty. I urge support of this bill, Mr. Speaker.
