[Congressional Record Volume 157, Number 161 (Tuesday, October 25, 2011)]
[House]
[Page H7023]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         CURRENCY MANIPULATION

  (Mr. RYAN of Ohio asked and was given permission to address the House 
for 1 minute.)
  Mr. RYAN of Ohio. Mr. Speaker, last year we passed a bill in this 
House with 350 votes--99 Republicans--to address the issue of currency 
manipulation around the world, primarily China. Unfair trade practices 
in China have cost America 2.8 million jobs in the last 10 years--1.9 
million of those, manufacturing.
  If we have the strength in this body, in the House of 
Representatives, to take on the Chinese, we can have a major jobs 
package right here in the United States and put small and medium-sized 
manufacturers on a level playing field, put average workers back to 
work and reclaim the mantle of manufacturing in the United States. But 
this House has denied us the opportunity to take on the Chinese. The 
Senate passed it with over 60 votes just a week or 2 ago. Last year, we 
passed it in this House, 350 votes--99 Republicans.
  We cannot be appeasers to the Chinese. We need to take them on, drive 
that investment back into the United States, and reclaim the mantle of 
manufacturing around the world.

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