Perlmutter Statement on Trade Promotion Authority and Trade Adjustment Assistance

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Washington, DC, June 12, 2015 | comments

Today, U.S. Rep. Ed Perlmutter (CO-07) released the following statement about his decision to vote for TAA and against TPA in the U.S. House of Representatives -

“There are arguments for and against Trade Promotion Authority.  I trust President Obama and his economic vision for our country.  He’s turned around an economy that was losing 700,000 jobs per month to managing an economy that has added over 12.5 million jobs for 63 straight months.  The stock market has almost tripled from its lowest point during the great recession. And additionally, I support his effort in reaching a strong and fair trade agreement that will increase environmental, labor, and IP protection standards worldwide, helping to define the future economy of the Pacific Asia region while keeping China in check.”

“However, U.S. trade agreements in the past have not always panned out as promised.  Folks who oppose TPA are rightfully worried about the impact of future trade agreements with respect to labor, environmental standards, and access to affordable medicines.  Although I do not share all of their concerns, I do understand their skepticism. Furthermore in 2011, I voted for Trade Adjustment Assistance (TAA) to support training and education for American workers. I plan to vote for this program again since it has shown to be effective and will not make any cuts to Medicare.”

“Last year I committed to opposing TPA.  Admittedly it was a different bill then than it is now, however I take my commitments seriously and I will not go back on my word. Consequently, I will oppose the bill for Trade Promotion Authority.”

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