Search
Democratic Leadership
-
Democratic Leadership
Nancy Pelosi
House Democratic Leader
democraticleader.house.gov
Steny Hoyer
Office of Democratic Whip
democraticwhip.house.gov
Democratic Caucus -
US House of Representatives
www.dems.gov
Cost of War in Iraq
-
Cost of War in Iraq
COST OF WAR
IN IRAQ:(JavaScript Error)
Cities For Progress
COngressional Progressive Caucus
Carolyn Kilpatrick (MI-13)
Summary
U.S.-China economic ties have expanded over the past several years. Trade between the two countries rose from $5 billion in 1980 to $231 billion in 2004. Although
CNOOC, a Chinese oil company, made a $18.5 billion bid to purchase Unocal Corporation in June 2005. Concerns about the economy and national security led to opposition of the sale.
What does the bill do?
This amendment prohibits the use of funds from being made available to recommend approval of the sale of Unocal Corporation to CNOOC Ltd. of
Why is this bill needed?
The U.S.-China trade imbalance continues to rise. American companies are unable to compensate employees fairly and provide quality products at lower costs than cheaper Chinese imports.
This bill helps us address these issues. By adopting this policy, Congress demonstrated its commitment to