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McCaul Statement on Passage of Trade Promotion Authority

June 12, 2015

McCaul Statement on Passage of Trade Promotion Authority

AUSTIN, TX –Today following passage of Trade Promotion Authority, Congressman Michael McCaul (R-TX) released the following statement.

McCaul: "I voted for Trade Promotion Authority because of the limitations it places on President Obama. The Republican led House and Senate have now laid forth 150 congressionally mandated negotiating objectives that the President must meet in his trade negotiations. We have also brought more transparency to the trade process by requiring finalized trade deals to be openly available to each and every American to read. Ronald Reagan understood that ‘free and fair trade brings growth and opportunity and creates jobs.' He was right, trade is vital to our economy. Because of the hardworking and innovative constituents I represent, my district exported $11.5 billion worth of goods and services in 2013. This translated to 32,000 jobs supported by trade in my district. I look forward to evaluating any final trade agreements in the future and will consider its impact on Texas jobs and families."

Note: Congressman McCaul voted for Trade Promotion Authority as stated above but voted against the Trade Adjustment Authority (TAA).