[Congressional Record Volume 143, Number 152 (Tuesday, November 4, 1997)]
[House]
[Page H9870]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FAST TRACK IS CRITICAL TO THIS COUNTRY
(Mr. KNOLLENBERG asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. KNOLLENBERG. Mr. Speaker, the House is scheduled to vote this
week on a matter essential to the economic vitality of this country, a
vote to extend fast track trade negotiating authority to the President.
Fast track is a crucial partnership between the President and Congress.
My colleagues will remember that Presidents Nixon, Carter, Reagan, and
Bush all used this authority to negotiate open markets with foreign
governments in good faith.
The United States has benefited from these negotiations. Since fast
track expired in 1994, foreign governments have refused to enter into
trade negotiations with the United States. These countries continue to
open trade and investments for their own companies and their own
workers, while retaining barriers against U.S. exports.
Without fast track, we risk being left behind. It does not force
Congress to give up its power to oversee the negotiations. Congress
simply agrees to vote on a completed trade agreement without any
changes. Fast track is critical to this country, to the U.S. leadership
in the global economy. Support the extension of fast track.
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