Saturday, July 23, 2005

Latest CAFTA news

Forces aligned for and against CAFTA continue to jockey for position in preparation for a coming vote in the US House of Representatives. This week the Congressional Budget Office released an estimate that the deal would cost taxpayers $50 million a year in loan forfeitures by sugar producers. President Bush was stumping for passage of the bill, labelling it a "jobs program."

The US Trade Justice Campaign has a series of biblical reflections on the potential impacts of the treaty on El Salvador and other Central American countries.

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