I'm pleased to be able to cast my vote in support of the Colombia free trade agreement, even though it has taken almost 5 years to get a vote on it. I thank Chairman Camp, Chairman Dreier, and Chairman Brady for their leadership on this cause. The Colombia free trade agreement is important for several reasons. First, it will create jobs here in the United States. The International Trade Commission has estimated this will increase U.S. exports to Colombia by over $1 billion. It will grow our Nation's economy by over $2 billion and create thousands of new jobs here at home. In the case of the 23rd District of Texas, the Colombia free trade agreement is of particular importance as I have a great deal of agriculture in my district and more than half of current U.S. agricultural exports to Colombia will become duty free immediately and almost all remaining tariffs gone after 15 years. This agreement is also important as it demonstrates our commitment to a steadfast ally in Latin America against oppressive regimes like Hugo Chavez's Venezuela. Fundamentally, this agreement is about the economic freedom of the American people to be able to have a wide array of choices and to pay less for those choices because of the power of trade and competition.
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