STATEMENT OF ADMINISTRATION POLICY
Senate Amendments to H.R. 1314 - Bipartisan Congressional Trade Priorities and Accountability Act of 2015 and Trade Adjustment Assistance Reauthorization Act of 2015
(Sen. Hatch, R-UT)
Senate Amendments to H.R. 1314 - Bipartisan Congressional Trade Priorities and Accountability Act of 2015 and Trade Adjustment Assistance Reauthorization Act of 2015
(Sen. Hatch, R-UT)
The
Administration strongly supports enactment of the Senate Amendments to
H.R. 1314, the Bipartisan Congressional Trade Priorities and
Accountability Act of 2015 and the Trade Adjustment Assistance
Reauthorization Act of 2015. Trade Promotion Authority (TPA) is a vital
tool for enabling the United States to expand economic opportunities,
break down barriers, and establish global economic rules that support
strong and enforceable standards that promote workers’ rights, the
environment, and a free and open Internet. U.S. exports support more
than 11 million American jobs, which, on average, pay up to 18 percent
more than jobs in other industries. Enacting TPA will help America take
another step toward delivering trade agreements that not only open new
markets to ‘Made in America’ goods, but also level the playing field
consistent with the Nation’s values and priorities.
This
multi-title bill would grant TPA to support the negotiation of
high-standard trade agreements that are good for the U.S. economy,
businesses, farmers, innovators and workers, and would extend and
enhance the Trade Adjustment Assistance (TAA) program. The bill makes
important updates to U.S. negotiating objectives that will promote human
rights, facilitate digital trade, address state-owned enterprises,
tackle localization barriers, and address currency issues in trade
agreements subject to the bill. The Senate Amendments to H.R. 1314 also
provide a significant increase in the requirements for consultation,
transparency, and accountability with Congress, stakeholders, and the
public regarding such agreements. Additionally, the bill will ensure
that the United States will continue to maintain the highest level of
health, safety, consumer, environmental, labor, and financial
protections that ensure Federal, State and local governments continue to
have the right to regulate in the public interest.
The
Senate Amendments to H.R. 1314 regarding TAA are an important partner
to TPA, and would provide employment-related services and benefits to
American workers and firms, helping all Americans participate in the
global economy. By providing income support, job training,
re-employment services, and other services, TAA would help
trade-impacted workers enter new industries and careers and would give
firms access to the tools they need to compete. In addition to
extending TAA services for American workers and firms, this bill would
reinstate key provisions from the 2009 and 2011 TAA reauthorizations
that were regrettably allowed to expire. For example, the bill would
expand coverage to again include service sector workers and workers
whose jobs have shifted to China, India, and other countries.
Reinstatement and reauthorization of the TAA expansion provisions first
enacted in 2009 would significantly increase the number of workers who
have access to TAA benefits. It would provide up to 130 weeks of Trade
Readjustment Allowance benefits, restore case management and employment
services and the enhanced older worker wage supplement program, and
maintain job search and relocation assistance. It also would raise the
annual cap for job training and other activities to $450 million per
year – from the $220 million annual training cap under current law. The
Administration looks forward to working with Congress to secure the
needed resources to effectively implement and administer a reinstated
Health Coverage Tax Credit.
The
Administration also looks forward to providing technical assistance as
necessary and continuing to work with Congress on successful passage and
implementation on this important legislation.
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