[Congressional Record Volume 156, Number 107 (Tuesday, July 20, 2010)]
[House]
[Page H5728]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
COLOMBIA FREE TRADE AGREEMENT
(Mr. PITTS asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PITTS. Mr. Speaker, as the American people ask where are the
jobs, the President's economic advisers reply with weak statistics
about the wasteful government stimulus program. All the while, we're
losing billions of dollars to tariffs that could have been eliminated
years ago.
It has been 1,337 days since the U.S. and Colombia negotiated a free
trade agreement. For over 3 years, the Democrat leadership in Congress
has refused to consider the legislation to ratify that treaty. In that
time, American businesses have paid an estimated $2.8 billion in
tariffs. This is $2.8 billion that could have gone to good American
jobs, and this number grows higher every day. You can see it on the
Republican Ways and Means Committee Web site.
We need to stop wasting our time, hoping that more government
spending and borrowing will revive the economy. Instead, we need to
unleash American businesses and entrepreneurs to expand into new
markets. Passing the Colombia, South Korea, and Panama Free Trade
Agreements would give real, tangible benefits to American workers and
create jobs.
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