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Committee on Ways and Means For Immediate Release Thomas Applauds Senate Passage of Trade Legislation WASHINGTON-Yesterday, the Senate passed landmark trade legislation, including Trade Promotion Authority (TPA), Trade Adjustment Assistance (TAA), the Andean Trade Preferences Act (ATPA), and the Generalized System of Preferences (GSP). Chairman Bill Thomas (R-CA) welcomed the progress. “I’m delighted the Senate finally moved on this important package. We had been waiting for this action for nearly six months. The conference process should begin immediately so that the bill can be signed into law before the fourth of July,” he said. “While I am pleased that the Senate retained many of the elements of our bipartisan House bill, several key differences in our versions of the bill must be resolved,” Thomas added. |