WASHINGTON - President Bush' name insisted that the small trade agreement with six Latin American nations would pay big dividends for security, stability and freedom in the Western Hemisphere. After persistent lobbying by the White House, Congress finally agreed.
It took personal visits from the president and vice president, along with strenuous arm-twisting from Republican leaders, before the House passed the Central American Free Trade Agreement early Thursday by a two-vote margin, 217-215.
The Senate approved CAFTA last month 54-45, and it now goes to the president for his signature.
It was a major victory for the Bush administration, which had to fend off claims by critics that the pact would harm American workers. "CAFTA helps ensure that free trade is fair trade," the president said in a statement following the vote. "By lowering trade barriers to American goods in Central American markets to a level now enjoyed by their goods in the U.S., this agreement will level the playing field and help American workers, farmers and small businesses."
Thursday, July 28, 2005
CAFTA passes
CAFTA passes. I'm not sure how wonderful it is. According to the story, the Prez says it does wonders for security. How? Either because he is trying to court Latinos or he is in the pocket by some big donors that like cheap labor, he scoffs at any attempt to secure the borders, yet CAFTA is supposed to do wonders?
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