Chairman Neal Touts Trade Title of China Competition BillThe legislation is the strongest proposal in Congress to improve U.S. competitiveness and support American workers
Washington,
January 25, 2022
Today, House Democrats unveiled the America COMPETES Act of 2022, which includes the American Worker and Trade Competitiveness Act, a Ways and Means Committee title containing critical pro-worker provisions and addressing key problems with the United States-China trading relationship. Notably, the legislation includes long-overdue reauthorization and modernization of Trade Adjustment Assistance (TAA) programs, as well as extensions to and reforms of the Generalized System of Preferences (GSP) and Miscellaneous Tariff Bill (MTB) legislation. “The Senate’s legislation on this matter falters both technically and ideologically – it violates the Constitution, overlooks the challenges facing today’s workers, and should be tougher on China,” said Ways and Means Committee Chairman Richard E. Neal (D-MA). “I cannot vote in favor of a bill that ignores the prerogatives of the House, specifically that revenue measures must originate in this chamber. The America COMPETES Act not only corrects that fundamental flaw, it also ensures American workers, manufacturers, and farmers have all the tools they need to succeed in the world economy. This legislation is the boldest, best option we have to stand up to China’s harmful actions and support American workers, and I look forward to discussing these proposals further during our conference on the package with the Senate.” The Ways and Means provisions:
A one pager on the Ways and Means provisions is available HERE. Full text of the legislation can be found HERE. ### |