On the recordJune 22, 2004
I pointed out that at the present time the United States, in the last fiscal year, sold $63 billion in defense sales and only purchased $5 billion. My point is, the Senator is going after the wrong target, the wrong segment of the industry by this amendment, because it will create greater loss of jobs if we go after that trade surplus that is in defense right now. That is why we plead with our colleagues to leave this sector of trade untouched. I believe it is very important we do that. The second thing that concerns me, and it is somewhat technical, in drawing up this bill, I gave specific instructions to the staff to preserve the sanctity of that part of 'Buy America' which I and I think everybody in this Chamber supports, the Small Business Act, where 23 percent of the dollars for small businesses have to go, the shipbuilding, the blind and the handicapped, and the Berry amendment. Yet when the Senator modified his amendment, this section up here was taken out.
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