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Ben Sasse on Free Trade

 

 


Supports presidential Trade Promotion Authority

Access to international markets and fair treatment of the products raised by Nebraska farmers and ranchers is essential to our agricultural economy, as well as the well-being of people around the world. The United States currently has free trade agreements with 20 countries, which account for $4.1 billion (55%) of Nebraska's exports: and exports from Nebraska to these markets grew by over 200% during the past decade. Just as in the golden rule, our trading partners will do to us as we have done to them.

One of the ways that Congress can demonstrate their leadership is the grant the President Trade Promotion Authority. Now that this Administration has finally asked for TPA, after being the first since FDR to not have or to not have asked for TPA, we need to rally bipartisan support in Congress for its passage to send a message to the world that we mean business about trade.

Source: Vote-USA.org on 2020 Nebraska Senate race , Oct 24, 2014

Voted YES to kill reauthorization of Ex-Im Bank.

Sasse voted YEA Export-Import Bank Reform and Reauthorization Act

Heritage Action summary of vote# S206: The Senate voted to table (kill) an amendment by Sen. Kirk to reauthorize the Export-Import Bank. Sen. Kirk recommends voting NO. Heritage Foundation recommends voting YES because the "Ex-Im Bank is little more than a $140 billion slush fund for corporate welfare."

OnTheIssues explanation: Voting NO would allow a vote on reauthorization of the Ex-Im Bank. Voting YES would kill the bill for reauthorizing the Ex-Im Bank.

Sierra Club reason for conditionally voting NO (from previous bill S.819):Sen. Shaheen's bill S.824 reauthorizes the Ex-Im Bank without undermining Obama's Climate Action Plan. The Sierra Club supports the bill because it makes both financial and environmental sense for the US and all of its taxpayer-backed financial institutions--including Ex-Im--to stop investing in dirty and dangerous fossil fuels like coal.

Cato Institute reason for voting YES to kill the bill:The Ex-Im Bank's reauthorization buffs contend that Ex-Im fills a void left by private sector lenders unwilling to provide financing for certain transactions. Ex-Im's critics [say that] by effectively superseding risk-based decision-making with the choices of a handful of bureaucrats pursuing political objectives, Ex-Im risks taxpayer dollars. It turns out that for nearly every Ex-Im financing authorization that might advance the fortunes of a single US company, there is at least one US industry whose firms are put at a competitive disadvantage. These are the unseen consequences of Ex-Im's mission.

Source: Congressional vote 15-S0995 on Oct 19, 2015

Implement USMCA for improved North American trade.

Sasse voted YEA USMCA Implementation Act

Summary from Congressional Record and Wikipedia:Vote to amend the North American Free Trade Agreement (NAFTA) and establish the United States-Mexico-Canada Agreement (USMCA). Rather than a wholly new agreement, it has been characterized as "NAFTA 2.0"; final terms were negotiated on September 30, 2018 by each country. The agreement is scheduled to come into effect on July 1, 2020.

Case for voting YES by Rep. Charlie Crist (D-FL); (Dec. 19, 2019)The USMCA includes stronger protections for American workers and enforceable labor standards, as well as environmental protections. It eliminates the Trump Administration's threat that the US could walk away entirely from the trade agreement with Canada and Mexico, which would devastate US jobs and our economy.

Case for voting NO by Jared Huffman (D-CA); (Dec. 19, 2019) Democratic negotiators did a lot to improve Donald Trump's weak trade deal, especially in terms of labor standards and enforcement, but the final deal did not reach the high standard that I had hoped for. The NAFTA renegotiations were a once-in-a-generation opportunity to lift labor and environmental standards across the continent--to lock in serious climate commitments with two of our largest trading partners and dramatically improve labor standards and enforcement to slow the rise of outsourcing.

Legislative outcome: Bill Passed (Senate) (89-10-1) - Jan. 16, 2020; bill Passed (House) (385-41-5) - Dec. 19, 2019; signed at the G20 Summit simultaneously by President Trump, Mexican President Enrique Nieto, and Canadian Prime Minister Justin Trudeau, Nov. 30, 2018

Source: Congressional vote 19-HR5430 on Dec 19, 2019

Other candidates on Free Trade: Ben Sasse on other issues:
NE Gubernatorial:
Bob Krist
Dave Heineman
Jon Bruning
Peter Ricketts
NE Senatorial:
Chris Janicek
Deb Fischer
Jane Raybould

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Page last updated: Oct 20, 2020