[Congressional Record Volume 140, Number 6 (Tuesday, February 1, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: February 1, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]


                              {time}  1240
 
                       SUBSIDIES IN THE GATT PACT

  (Mr. EWING asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. EWING. Mr. Speaker, The GATT Pact provisions set a new and 
unnecessary standard for industrial policy which is troubling to many 
Members. The GATT Pact, as approved by the Clinton administration, will 
increase Government subsidies by the European Common Market and by 
Pacific rim countries to the detriment of our own U.S. Government. We 
must either match these subsidies, putting pressure on our budget, 
already terribly over-pressured, or we must duck the issue and make 
American industries less than competitive because of these subsidies 
with their overseas firms.
  Ladies and gentlemen, we fought hard to take subsidies out of the 
GATT negotiations as far as agriculture. It appears to me it is very 
unwise that the Clinton administration has given in on this issue.
  I say to President Clinton, 44 Senators are right. Back off or risk 
losing support for the ratification of GATT.

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