[Congressional Record Volume 165, Number 171 (Tuesday, October 29, 2019)]
[House]
[Pages H8543-H8544]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
USMCA
The SPEAKER pro tempore. The Chair recognizes the gentleman from
North Carolina (Mr. Budd) for 5 minutes.
Mr. BUDD. Mr. Speaker, I rise today to urge my Democratic colleagues
across the aisle to end their partisan impeachment inquiry and instead
focus on an issue that will actually improve the lives of our
constituents and supercharge the already roaring American economy; that
is, bringing the United States-Mexico-Canada Agreement, the USMCA, to
this floor for a vote.
Mr. Speaker, ratifying this landmark trade deal would generate a
whole host of benefits, including growing the economy by tens of
billions of dollars and supporting hundreds of thousands of American
jobs and giving farmers more access to sell their products beyond our
borders.
According to a recent report from the International Trade Commission,
the USMCA would raise the United States' GDP by more than $68 billion
and create nearly 200,000 new jobs. The study also found that the USMCA
would have a positive impact on trade by increasing U.S. exports and
imports to Canada and Mexico by billions of dollars.
The benefits don't stop there. The agreement would benefit farmers
across the country and in my district in North Carolina. Under the
USMCA, U.S. dairy farmers would be able to more than triple their
access to the Canadian dairy market. This would be a
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huge win for Iredell County, the top dairy producing county in North
Carolina, as our dairy producers will gain wider access to a bigger
marketplace.
Along with dairy, the USMCA would boost North Carolina's poultry
producers--a $37 billion industry that supports nearly 150,000 jobs in
my State. Early estimates show that poultry exports to Canada will grow
astronomically because the agreement increases tariff rate quotas for
U.S. poultry and egg exports to Canada. The agreement also eliminates
barriers facing U.S. dairy and poultry exports to Canada which will
further unleash economic growth.
Mr. Speaker, there is a reason the USMCA enjoys broad support from
Mexico, Canada, and the U.S. stakeholders, as well as a majority of
this House on both sides of the aisle: Because the upside for our
country is undisputed.
Ratifying this agreement would be a historic victory for our economy,
for our workers, and for our farmers.
The President and his team should be commended for a job well done,
and now it is time for this House to quit stalling and to act. The
window to pass the USMCA is closing, and I stand ready to vote for this
deal and to get it across the finish line.
I ask my Democratic colleagues to suspend their blind hatred of this
President and bring the USMCA to the floor for a simple up-or-down
vote. We need to stop thinking about this in terms of giving President
Trump a political victory and start thinking about giving the American
people an economic victory. That is why we all were sent here in the
first place.
Mr. Speaker, let's pass the USMCA now.
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