Terry McAuliffe on Free Trade

Democratic nominee for Governor; previously DNC Chair

Travel the globe selling VA agricultural & forestry products

Last year I announced my goal to make Virginia the East Coast capital for agriculture and forestry exports. That wasn't empty rhetoric--we got right to work. We hosted 18 ambassadors to discuss a range of trade issues. We traveled the globe selling Virginia agricultural products--everything from apples to wine, to soybeans to peanuts. I even ate my fair share of fried cicadas and chicken paws--but I will eat anything if it means more jobs and investment here at home.

I am pleased to announce that our efforts are paying off. For the first time in the history of Virginia, agriculture and forestry exports exceeded $3 billion dollars in 2014.

But if we are going to continue our momentum, we must invest in smart incentive funds like the Governor's Opportunity Fund and the Agriculture and Forestry Industries Development Fund. These tools make Virginia competitive in a global economy, and they provide a real return on investment: for every $1 we invest, we receive $9 in budget revenue in return.

Source: State of the State address to 2015 Virginia Legislature , Jan 14, 2015

Rebuild shipping container gateway at Port of Virginia

The Port of Virginia is one of our greatest economic assets. It is our gateway to the world of international commerce. This year, the Port has seen record-breaking growth in the number of shipping containers that move through that facility.

The Port, which was losing millions and failing to meet its debt covenants this time last year, is finally on track to become the profitable economic asset this Commonwealth needs.

Source: State of the State address to 2015 Virginia Legislature , Jan 14, 2015

Build a rule-based global trading system.

McAuliffe adopted the manifesto, "A New Agenda for the New Decade":

Write New Rules for the Global Economy
The rise of global markets has undermined the ability of national governments to control their own economies. The answer is neither global laissez faire nor protectionism but a Third Way: New international rules and institutions to ensure that globalization goes hand in hand with higher living standards, basic worker rights, and environmental protection. U.S. leadership is crucial in building a rules-based global trading system as well as international structures that enhance worker rights and the environment without killing trade. For example, instead of restricting trade, we should negotiate specific multilateral accords to deal with specific environmental threats.

Source: The Hyde Park Declaration 00-DLC1 on Aug 1, 2000

Reauthorize the Ex-Im Bank.

McAuliffe signed Letter on Ex-Im Bank

Press release on Letter from 31 Governors to House Republican leaders:

We urge you to reauthorize the Export-Import Bank (Ex-Im) before its charter expires this year. In its role as the official export credit agency, Ex-Im is a vital export finance tool for exporters in our states, at no cost to American taxpayers.

Ex-Im allows our companies and workers to compete on a level playing field against our competitors. Without Ex-Im financing, US firms would have lost many sales campaigns to their overseas competitors.

Reauthorizing Ex-Im is the right thing to do for our economy, companies and workers. 41 GOP lawmakers and 865 business organizations have called for the charter's immediate renewal. And, House Democrats have already introduced legislation to reauthorize the bank. Speaker Boehner, it's time to act; quit jeopardizing the nation's economy and American jobs.

Argument in opposition from FreedomWorks:

    Top Ten Reasons to Let the Export-Import Bank Expire
  1. It Has Outlived Its Purpose: In the 2010s, US exports have been setting record highs--they don't need government help.
  2. It Lets Government Pick Winners and Losers
  3. Its Risky Loans Put it in Danger of Needing Taxpayer Bailouts
  4. It Costs Taxpayers Money Annually, thanks to government accounting gimmicks
  5. Most of Its Funding Goes to Big Corporations Who Don't Need the Money
  6. It Lets Foreign Corporations Undercut US Competitors
  7. It Only Benefits a Few States, but Every State Bears the Costs
  8. It Is Prone to Corruption (like whenever you involve the government in handing out money)
  9. There Are Better Ways to Help US. Manufacturers: the government should lower and simplify the tax and regulatory burden US companies face.
  10. It Is Unnecessary. The Ex-Im Bank cannot justify its continued existence. It's also one of the easiest programs to retire, as its authorization expires in September 2014 if Congress simply does nothing.
    Source: Letter from 31 Governors 14_Lt_ExIm on Jul 15, 2014

    Other governors on Free Trade: Terry McAuliffe on other issues:
    VA Gubernatorial:
    Bob McDonnell
    Ken Cuccinelli
    Robert Sarvis
    VA Senatorial:
    Ed Gillespie
    James Webb
    Mark Warner
    Robert Sarvis
    Tim Kaine

    Gubernatorial Debates 2014:
    AL: Bentley(R) vs.Griffith(D)
    AR: Ross(D) vs.Hutchinson(R) vs.Griffin(R,Lt.Gov.)
    AZ: Ducey(R) vs.DuVal(D) vs.Mealer(AE) vs.Gilbert(L) vs.Riggs(R)
    CA: Brown(D) vs.Kashkari(R)
    CO: Hickenlooper(D) vs.Beauprez(R) vs.Tancredo(R) vs.Hess(L)
    CT: Malloy(D) vs.Foley(R) vs.Walker(R,Lt.Gov.)
    FL: Scott(R) vs.Crist(D) vs.Snitker(L,Lt.Gov.)
    GA: Deal(R) vs.Carter(D) vs.Hunt(L)
    HI: Ige(D) vs.Aiona(R) vs.Abercrombie(D)
    IA: Branstad(R) vs.Hatch(D) vs.Hoefling(R)
    MA: Coakley(D) vs.Baker(R) &Polito(R,Lt.Gov.) vs.Grossman(D) vs.Berwick(D)
    ME: LePage(R) vs.Michaud(D) vs.Cutler(I)
    MI: Snyder(R) vs.Schauer(D)
    NM: Martinez(R) vs.King(D)
    NY: Cuomo(D) &Hochul(D,Lt.Gov.) vs.Astorino(R) vs.Hawkins(G) vs.Teachout(D)
    OK: Fallin(R) vs.Dorman(D)
    PA: Corbett(R) vs.Wolf(D) vs.Schwartz(D,lost primary) vs.Critz(D,Lt.Gov.,lost primary)
    Newly-elected 2014:
    AK-I: Bill Walker
    AR-R: Asa Hutchinson
    AZ-R: Doug Ducey
    IL-R: Bruce Rauner
    MA-R: Charlie Baker
    MD-R: Larry Hogan
    NE-R: Pete Ricketts
    PA-D: Tom Wolf
    RI-D: Gina Raimondo
    TX-R: Greg Abbott

    Up for re-election 2014:
    AK-R: Sean Parnell
    AL-R: Robert Bentley
    CA-D: Jerry Brown
    CO-D: John Hickenlooper
    CT-D: Dan Malloy
    FL-R: Rick Scott
    GA-R: Nathan Deal
    HI-D: Neil Abercrombie
    IA-R: Terry Branstad
    ID-R: Butch Otter
    IL-D: Pat Quinn
    KS-R: Sam Brownback
    ME-R: Paul LePage
    MI-R: Rick Snyder
    MN-D: Mark Dayton
    NH-D: Maggie Hassan
    NM-R: Susana Martinez
    NV-R: Brian Sandoval
    NY-D: Andrew Cuomo
    OH-R: John Kasich
    OK-R: Mary Fallin
    OR-D: John Kitzhaber
    PA-R: Tom Corbett
    SC-R: Nikki Haley
    SD-R: Dennis Daugaard
    TN-R: Bill Haslam
    VT-D: Peter Shumlin
    WI-R: Scott Walker
    WY-R: Matt Mead
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    Term-Limited or Retiring 2014:
    AR-D: Mike Beebe
    AZ-R: Jan Brewer
    MA-D: Deval Patrick
    MD-D: Martin O'Malley
    RI-I: Linc Chafee
    TX-R: Rick Perry

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    Page last updated: Jan 19, 2015