H.R.6795 - End the Trade Deficit Act110th Congress (2007-2008)
|Sponsor:||Rep. DeFazio, Peter A. [D-OR-4] (Introduced 08/01/2008)|
|Committees:||House - Ways and Means|
|Latest Action:||08/01/2008 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: H.R.6795 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (08/01/2008)
End the Trade Deficit Act - Establishes the Emergency Commission To End the Trade Deficit to develop a trade policy plan to eliminate the U.S. merchandise trade deficit and to develop a competitive trade policy for the 21st century.
Requires the Commission to report to the President and to Congress on: (1) its findings and conclusions; (2) a detailed plan for reducing both the overall trade deficit and specific bilateral trade deficits; and (3) any recommendations for administrative and legislative actions necessary for such reductions.
Prohibits the President from submitting to Congress any free trade agreement or legislation implementing one until: (1) the report has been delivered to Congress and to the President; and (2) specified congressional committees have completed a hearing on it.