U.S. Senator Russ Feingold
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Office of Senator Russ Feingold | 202/224-5323

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It’s time that our trade policies work to the benefit of American businesses, family farmers, and workers. In particular, we need trade agreements that give them a fair chance to compete, while also ensuring adequate protections for the environment and public safety. The trade policies agreed to over the past fifteen years have largely failed to do that, and have contributed to the tough economic times many Wisconsinites face.

Tens of thousands of good, family-supporting jobs have left Wisconsin for China, Mexico and elsewhere, often devastating entire communities. I opposed agreements like NAFTA, CAFTA, Permanent Most Favored Nation Status for China, and others that create a race to the bottom by failing to require fair labor, environmental, safety, and other standards of our trading partners. Wisconsin firms, farms, and workers can compete very well in the global marketplace if they are given a fair chance.

TRADE Act

I have proposed ways to fix our current trade agreements and improve future trade agreements in a bill I am cosponsoring with Senator Sherrod Brown (D-OH), the Trade Reform, Accountability, Development, and Employment (TRADE) Act of 2008.

The TRADE Act requires a review of existing trade agreements, and renegotiation of those agreements based on that review. It would give Congress the chance to fix these agreements that have proven over time to be nothing short of a disaster for American workers.

This legislation will also lay the groundwork for how to negotiate future trade agreements. Congress must put a far greater emphasis on improved labor, environmental, food and product safety standards in our agreements. Of course, those standards mean little unless we also include rigorous enforcement mechanisms and penalties for failing to meet them.

We can negotiate trade agreements in a way that avoids the problems we have seen with NAFTA and other agreements. We can do it with the new direction provided by the TRADE Act that will strengthen economic security, maintain family-supporting jobs in the U.S., and encourage sustainable development in countries that are our trading partners.

Buy American

The federal government should be the first to support our nation’s manufacturers. The Buy American Act of 1933 is supposed to ensure that the federal government supports domestic companies and domestic workers by buying American-made goods. However, the existing law allows federal agencies to waive Buy American requirements in a number of circumstances.

I introduced the Buy American Improvement Act, which would fix these loopholes and require federal agencies to submit public reports on their non-U.S. purchases in order to better protect American workers and their jobs. In 2007, I was able to get the reporting requirement in my Buy American Improvement Act enacted. For five years, most federal agencies will have to report on the agency’s purchases of foreign-made goods.

This Buy American reporting requirement is stronger than previous requirements because it will require federal agencies to specify for the first time the specific legal provision or exception in the Buy American Act that allows them to purchase foreign-made goods. The increased information obtained from these reports will help my efforts to improve the Buy American Act. I will continue working to make the reporting requirement permanent and to pass other parts of my Buy American Improvement Act that would close the loopholes in the existing Buy American law.

   

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