    [Public Papers of the Presidents of the United States: William J. Clinton (1994, Book II)]
    [November 29, 1994]
    [Page 2128]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on House of Representatives Action on the
    General Agreement on Tariffs and Trade
    November 29, 1994

        Tonight the United States House of Representatives cast an historic
    vote for American workers, farmers, and families. This overwhelming
    bipartisan vote in support of the GATT legislation demonstrates our
    confidence in America's ability to compete and win in the global
    economy.
        Passage of the Uruguay round will provide enormous benefits for the
    United States: hundreds of thousands of new U.S. jobs, $100-$200 billion
    per year in increased GDP, and a $744 billion global tax cut.
        This vote demonstrates to the American people that Democrats and
    Republicans can work together in the national interest. The Uruguay
    round agreement is the product of 8 years of work by three
    administrations--Republican and Democratic. A strong majority of each
    party cast votes in favor of the agreement.
        The eyes of the world are now on the United States Senate. I call on
    the Senate to pass GATT with the same strong, bipartisan support as it
    received in the House of Representatives.