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October 1, 2007 Reichert Applauds Passage of Trade Adjustment Assistance Extension
Washington, D.C. – Representative Dave Reichert (WA-08) today applauded the extension of the Trade Adjustment Assistance (TAA) program, which would have otherwise expired on September 30. The TAA program was established under the Trade Act of 1974, and provides aid to workers whose jobs are displaced or whose hours of work and wages are reduced as a result of increased imports. Last week, Reichert supported House-passed legislation to extend the program through the end of the year. “This program provides important support for American workers,” said Reichert. “We live in an increasingly globalized world, and free-trade agreements are necessary to maintain American competitiveness in the global economy. In fact, jobs tied to trade pay better than non-trade jobs and we must put our country in a position to compete, especially in Washington State which has an economy so dependent on trade. “As we open new markets and increase the international flow of goods and services, we must make certain that the American workers whose jobs are displaced by trade obtain the necessary skills to adapt to this global marketplace and re-enter the workforce quickly. This extension allows for much-needed time to debate further reforms to TAA, while simultaneously ensuring that our workers receive the assistance they deserve. The world economy is here and will be here to stay. And as our economy continues to shift, we have a responsibility to look out for our working families.” Workers whose employment is adversely affected by increased imports may apply for Trade Adjustment Assistance programs. TAA offers a variety of benefits and reemployment services to assist unemployed workers prepare for and obtain suitable employment. Workers may be eligible for training, job search and relocation allowances, income support and other reemployment services. A short-term extension of TAA through November 16, 2007, was signed into law on Saturday, September 29, as part of House Joint Resolution 52. The original bill passed through the House and Senate would have extended the program through December 31, 2007. Congressman Reichert is a member of the Trade Working Group, which unites Members of Congress to work toward the passage of trade legislation that supports business, jobs, and economic growth.
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