Finally we are discussing a free trade agreement that is ready for congressional consideration right now, an FTA that will generate more than $10 billion in increasing U.S. exports, $11 billion in increased GDP, and as many as 277,000 new American jobs.
McDermott emphasizes the economic benefits of the free trade agreement.
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In my opinion, it could be one of the most important hearings we have held during my time as ranking member on the subcommittee.
This committee has the potential of doing more good for the American people than perhaps any other single subcommittee in the Congress.
It includes a new tool known as the rapid response mechanism that, when used, allows us to promptly raise concerns with the Mexican and Canadian Governments when there are allegations of worker rights violations.
This area is such a large part of our economy as well as such a large part of our question of national security.
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