[Congressional Record (Bound Edition), Volume 145 (1999), Part 8]
[House]
[Page 10535]
[From the U.S. Government Publishing Office, www.gpo.gov]



                     TRADE DEFICIT HITS RECORD HIGH

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, another record. For the third straight 
month, America's trade deficit is going through the roof. It is now 
averaging $20 billion a month. That is 400,000 good-paying American 
jobs being lost every single month. It is so bad even Commerce 
Secretary Daley said America cannot continue to subsidize the world. 
Unbelievable. Something stinks.
  Why is this administration still coddling to China on MFN and WTO 
membership? Enough is enough. America is going bankrupt at warp speed 
and Uncle Sam is buying the rocket fuel. I say it is time to get to the 
bottom of this action with China. Tell us the truth, White House, 
before we do not have a job left.

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