Bruce Braley on Free Trade
Proponents support voting YES because:
Rep. RANGEL: In recent years, trade policy has been a dividing force. This legislation develops a new trade policy that more adequately addresses the growing perception that trade is not working for American workers. The Trade and Globalization Assistance Act would expand training and benefits for workers while also helping to encourage investment in communities that have lost jobs to increased trade--particularly in our manufacturing sector. The bill is a comprehensive policy expanding opportunities for American workers, industries, and communities to prepare for and overcome the challenges created by expanded trade.
Opponents recommend voting NO because:
Rep. McCRERY: We should be considering trade adjustment assistance in the context of trade opportunities generally for US workers. That is to say, I think we should be considering modifications to our assistance network in the context of the pending free trade agreements that are before the Congress. Unfortunately, we are not doing that. We are considering TAA in isolation. [We should instead] restructure TAA from a predominantly income support program into a job retraining program. Other problems include that H.R. 3920 would:
[Explanatory note from Wikipedia.com "Exchange Rate"]:
Between 1994 and 2005, the Chinese yuan renminbi was pegged to the US dollar at RMB 8.28 to $1. Countries may gain an advantage in international trade if they manipulate the value of their currency by artificially keeping its value low. It is argued that China has succeeded in doing this over a long period of time. However, a 2005 appreciation of the Yuan by 22% was followed by a 39% increase in Chinese imports to the US. In 2010, other nations, including Japan & Brazil, attempted to devalue their currency in the hopes of subsidizing cheap exports and bolstering their ailing economies. A low exchange rate lowers the price of a country's goods for consumers in other countries but raises the price of imported goods for consumers in the manipulating country.
Reciprocal Market Access Act of 2011: Prohibits the President from agreeing to the reduction or elimination of the existing rate of duty on any product in order to carry out a foreign trade agreement until the President certifies to Congress that the US has obtained the reduction or elimination of tariff and nontariff barriers and policies and practices of such foreign country with respect to US exports of any product that has the same physical characteristics and uses as the product for which the President seeks to modify its rate of duty.
Congressional Summary:Amends the Tariff Act of 1930 to include a countervailing duty or antidumping duty on merchandise imported into the US from foreign countries with fundamentally undervalued currency.
Opponent's argument against bill: (by the Club for Growth)We urge all House members to not co-sponsor the protectionist Currency Reform for Fair Trade Act. This proposal would make it easier for the federal government to slap
|Other candidates on Free Trade:||Bruce Braley on other issues:|
Retiring in 2014 election:
Retired as of Jan. 2013:
Senate Retirements 2014:
Senate races Nov. 2014:
AK: Begich(D) vs.Miller(R) vs.Treadwell(R) vs.Sullivan(R)
AR: Pryor(D) vs.Cotton(R) vs.Swaney(G)
CO: Udall(D) vs.Gardner(R) vs.
DE: Coons(D) vs.Wade(R)
GA: Nunn(D) vs.Perdue(R) vs.
HI: Schatz(D) vs.
IA: Braley(D) vs.Ernst(R) vs.
ID: Risch(R) vs.Mitchell(D)
IL: Durbin(D) vs.Oberweis(R) vs.Hansen(L) vs.
KS: Roberts(R) vs.Orman(I) vs.
KY: McConnell(R) vs.
LA: Landrieu(D) vs.Cassidy(R) vs.Maness(R)
MA: Markey(D) vs.Herr(R) vs.Skarin(I) vs.
ME: Collins(R) vs.D`Amboise(R) vs.Bellows(D)
MN: Franken(D) vs.McFadden(R) vs.Johnson(L) vs.
MS: Cochran(R) vs.Childers(D) vs.
NC: Hagan(D) vs.Tillis(R) vs.Haugh(L)
NE: Sasse(R) vs.Domina(D) vs.Haugh(L) vs.
NH: Shaheen(D) vs.Brown(R) vs.Smith(R) vs.Rubens(R) vs.Testerman(R) vs.Martin(R)
NJ: Booker(D) vs.Bell(R) vs.
NM: Udall(D) vs.Weh(R) vs.Clements(R)
OK-2: Lankford(R) vs.Johnson(D) vs.
OK-6: Inhofe(R) vs.Silverstein(D)
OR: Merkley(D) vs.Wehby(R) vs.
RI: Reed(D) vs.Zaccaria(R)
SC-2: Scott(R) vs.Dickerson(D) vs.
SC-6: Graham(R) vs.Hutto(D) vs.Ravenel(I) vs.
SD: Rounds(R) vs.Weiland(D) vs.Pressler(I)
TN: Alexander(R) vs.Ball(D) vs.
TX: Cornyn(R) vs.Alameel(D) vs.Roland(L) vs.
VA: Warner(D) vs.Gillespie(R) vs.Sarvis(L)
WV: Capito(R) vs.Tennant(D) vs.Buckley(L) vs.Lawhorn(I) vs.
WY: Enzi(R) vs.
Senate Votes (analysis)
Longworth HOB 1019, Washington, DC 20515