Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of this legislation. I want to, though, at the beginning talk about process and then I will discuss the substance of the bill. There have been some…
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, I rise in support of this legislation. I want to, though, at the beginning talk about process and then I will discuss the substance of the bill.
There have been some process issues. One of them relates to the Senate. The bill here has some provisions that have been over in the Senate and they have been held up by the action, as I understand it, of one Member of the Senate. It relates to a labelling requirement and essentially would, if that effort succeeded, roll back a provision that we have favored. And I just want everyone to understand that I think trade issues should not be handled that way.
Secondly, I want to say a word about the Armenia PNTR. We have been discussing this, but not directly in the committee or the Subcommittee on Trade for a number of months. A bill was introduced to grant Armenia PNTR, and I very much have favored that happening. Unfortunately, the bill was not sent through the subcommittee or the full committee, and I think that really deprived us of a chance to add to this bill some references to certain issues that Armenia has faced and that we think other countries should confront, especially as they are going to accede to the WTO which has already happened in the case of Armenia and receive the extension of PNTR by the United States.
For example, we have been trying to introduce into this bill references to the implementation by Armenia of some important aspect of the Helsinki Act, citing that some progress, although not full, has been made in the area of human rights. This would include treatment of minorities, religious minorities and others, providing protection to minorities from violence based on discrimination of any kind, hostility or hatred, including anti-Semitism. Also, reference to the fact that Armenia has demonstrated a commitment to enforcing internationally recognized core labor standards and has been working to improve its enforcement of those laws, as well as implementing some important market reforms.
Well, this bill suddenly included the Armenia PNTR, which I have favored, but there is resistance from some on
the majority to allow us to insert into this bill these references to progress by Armenia in important areas that had reference, and should have reference, to other countries; and so I very much regret that.
But as said, this bill has some important provisions including the PNTR, provisions that extend important aspects of our tax laws. The extension of the work opportunity tax credits, the welfare-to-work tax credits, the AMT provision that the gentleman from Louisiana (Mr. McCrery) mentioned, as well as several others including tax incentives for the District of Columbia.
Also in this bill are some pension-related provisions. One of them relates to the 30-year Treasury rate. This is an important provision for large numbers of companies and their workers, and we needed to find a way to introduce this into legislation and to implement it, and this bill does exactly that. And is another reason to favor this bill.
There is also, as the gentleman from Louisiana (Mr. McCrery) mentioned, a provision relating to airlines and a 2-year provision to help them out. So this is a bill that has some miscellaneous provisions in it, but some of them are not very miscellaneous. Some of them are very important provisions. Some that are called technical, for example, would suspend or reduce import duties on numerous items for which there are no American competitors. And it would correct instances where Customs has overcharged for import duties. These are provisions that are important for domestic manufacturers and for their employees and for consumers.
One other provision that I should mention, since I have been so much involved with it with others, is the Reverse Customs Program at the northern border. This bill has references to that. These references are essentially relating to jurisdiction of committees. They do not change the basic provisions and do not in any way disturb the pace by which Customs will implement this important experiment in Reverse Customs Programs so that we can expedite the transportation of goods and passengers across the northern border, keeping in mind security considerations.
So, all in all, I believe this is a bill that deserves support with the caveats I mentioned. I have discussed earlier today, and the gentleman from Maryland, Mr. Cardin, did with the chairman of the committee, the issue of Armenia and the need not for anybody to consider it a precedent either in terms of how PNTR is handled, other countries are handled, or the provisions relating to them. And we have received those verbal reassurances that the way the Armenia PNTR has been handled, it will not be a precedent in terms of committee or subcommittee consideration.
When my turn next comes I am going to yield many minutes to the gentleman from Maryland (Mr. Cardin) who is going to talk about one issue that is not in this bill where there is an opportunity to place it and is so critical to hundreds of thousands of the citizens of the United States of America, and that is unemployment compensation, and I will do that at the appropriate time.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, I yield 5 minutes to the gentleman from Maryland (Mr. Cardin).
Mr. Speaker, it is my pleasure to yield 2 minutes to the gentleman from New Jersey (Mr. Pallone).
Mr. Speaker, it is my pleasure to yield 2 minutes to the distinguished Delegate, the gentlewoman from the District of Columbia (Ms. Norton).
Mr. Speaker, it is my pleasure to yield 2 minutes to the gentleman from California (Mr. George Miller).
Mr. Speaker, I yield myself the balance of my time.
Mr. Speaker, I want to make two points. First of all, this bill is not paid for, $7 billion, and I hope that the Senate will rectify that. It is our understanding that they will. And I think that gives people on our side some reassurance that this will not be a further addition to an already escalating atrociously high deficit.
Secondly, I simply want to reinforce, on the issue of unemployment compensation, that when the gentleman from Texas (Mr. DeLay) said, ``I see no reason to be extending unemployment compensation since every economic indicator is better than in 1993, when the Democrats ended the Federal unemployment program,'' that, as the gentleman from Maryland (Mr. Cardin) pointed out, that is really an inaccurate statement.
If we do not extend this program, every week after Christmas about 90,000 people are going to be out on the street without any benefits. Now, we went through this the last Christmas. If my colleagues want us to come back here this Christmas, the three of us who came last time, and object, we will do that, but we should not have to do that. The unemployment program should be extended, period. And I hope that the majority in this House will step up to the plate on what is if not life and death, it is survival decently for tens of thousands of our fellow and sister citizens.