WASHINGTON—U.S. Congresswoman Stephanie Murphy of Winter Park, Fla., a member of the House Ways and Means Committee, which has jurisdiction over international trade, issued the following statement after voting against the America COMPETES Act
“While I support the goals and many elements of the America COMPETES Act—especially its effort to manufacture more computer chips here in America—I unfortunately cannot support the bill in its current form. The trade section of the bill includes problematic, poorly-vetted provisions and excludes sensible, bipartisan provisions that were part of the Senate-passed version of the bill. The House bill does more to limit trade than to enhance trade, even though expanded trade helps far more American workers than it hurts, reduces the prices that American consumers pay for goods and services, and is a powerful weapon in our strategic competition with China.
“In other words, the trade portion of the bill—in my view—runs counter to key objectives of the America COMPETES Act. I hope the trade language will be substantially improved when the House and Senate reconcile their bills, so that I can vote for a bipartisan bill that strengthens America’s economy and enables us to successfully compete globally.”
Murphy said that, while she voted against the bill due to concerns with its trade section, she does support many of the bill provisions that seek to strengthen the economy, create good jobs, curb inflation, streamline supply chains, support scientific research leading to life-improving innovations, and better position the United States to out-compete America’s authoritarian rival China.