S. 2611 · 110th Congress
Trade Agreement Benchmarks and Accountability Act
- Stage
- In committee
- Sponsor
- Byron Dorgan
- Introduced
- 2008-02-07
- Latest action
- 2008-02-07 · Introduced in Senate
Summary
Trade Agreement Benchmarks and Accountability Act - Subjects bills implementing trade agreements to a point of order unless certain conditions are met.
Withdraws congressional approval of a bill implementing a trade agreement only if a report by the International Trade Commission (ITC) indicates that certain benchmarks and predictions made with respect to an agreement are not being met and a joint resolution approving such withdrawal is enacted by Congress. Describes the benchmarks as analyses of the following effects of the agreement: (1) resulting job creation and job losses; (2) resulting improvement in wages for U.S. workers; (3) implementation and enforcement of the labor and environmental standards by each country that is a party to the agreement; and (4) the extent to which the agreement will result in an increase in access by U.S. businesses to the market of each country that is a party to the agreement, particularly those sectors identified by the U.S. Trade Representative (USTR) as of special importance.