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November 17, 1994 - Image 7

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The Michigan Daily, 1994-11-17

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The Michigan Daily - Thursday, November 17, 1994 - 7

Administration scrambles
to rescue world trade pact

WASHINGTON (AP) - Fearing
an embarrassing defeat, Vice Presi-
dent Al Gore and other senior admin-
istration officials worked feverishly
yesterday to shore up wavering Re-
publican support for the General
Agreement on Tariffs and Trade.
Their efforts came a day afterJesse
Helms, chairman-to-be of the Senate
Foreign Relations Committee, hinted
he would hinder the administration's
foreign policy initiatives if President
Clinton pressed ahead on the GATT
vote, now scheduled for Dec. 1.
Shortly before Gore spoke, Newt
Gingrich, the next House speaker and
a supporter of the pact to slash world
tariffs, said he was "very very con-
cerned" about its prospects in the
Senate.
Gore said at a news conference
organized by businesses supporting
the trade agreement, "The Congress
will decide whether the United States
will continue to lead the world in
global economic issues or not. That's
really what it comes down to."
Gore, White House Chief of Staff
Leon Panetta and Treasury Secretary
Lloyd Bentsen all said the pact, nego-

tiated under the General Agreement
on Tariffs and Trade, must be ap-
proved this year by the lame-duck
Democratic Congress.
"It is abundantly clear that a delay
of the GATT would definitely kill the
GATT ... and hurt our country im-
measurably," Gore said.
The vice president, flanked by
Budget Director Alice Rivlin, White
House Economic Adviser Laura
Tyson, U.S. Trade Representative
Mickey Kantor and senior lawmak-
ers, said delay of even six months
would reduce U.S. economic output
after 10 years by $70 billion and block
creation of 25,000 jobs.
"I don't know why any member of
Congress would want that on his or
her record," Gore said.
Gingrich (R-Ga.) sent a letter to
Clinton repeating his commitment to
work toward "a bipartisan majority
overwhelmingly approving" GATT
in the House on Nov. 29.
The letter was also signed by the
outgoing speaker, Rep. Thomas Foley
(D-Wash.), the outgoing majority
leader, Rep. Dick Gephardt (D-Mo.)
and the outgoing minority leader, Rep.

Bob Michel (R-Il.).
Republican Sen. Bob Dole, ex-
pected to be majority leader in the
new Senate, has said he is predis-
posed to support GATT and would
prefer to vote this year. But because.
legislation implementing the agree-
ment cannot be amended, he is seek-
ing administration support for sepa-
rate legislation early next year.
That bill would strengthen the
ability of the United States to with-
draw from the accord if U.S. interests
were harmed. It also would address a
controversial deal that was struck with
three communications companies to
give them a discount on valuable li-
censes to develop the next generation
of wireless telephone systems.
Kantor, who had accompanied
Clinton to Indonesia for a Pacific
trade summit, said he planned to meet
with Dole. He said the GOP leader's
suggestions would be "considered
carefully." -
Helms (R-N.C.) and Sens. Stromi
Thurmond (R-S.C.) and Larry E. Craig
(R-Idaho) wrote a letter last week
urging Dole to seek delay of the ac-
cord.

Vice President Al Gore meets reporters on Capitol Hill yesterday to discuss the General Agreement on Tariffs and
Trade (GATT). The vice president urged Congress to vote on the trade pact this year. Looking on, from left, are: Sen.
Bob Packwood (R-Ore.), U.S. Trade Representative Mickey Kantor and White House Economic Adviser Laura Tyson.

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FOOD
For every 5 items donated,
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Classified Dept. is giving
a coupon good for a
FREE 3-LINE AD.
Non-perishable food items are being
collected now through November 21,
1994, at the Daily (2nd floor of the
Student Publications Bldg.,
420 Maynard)
from 9 a.m. - 5 p.m.
SECURITY GUARDS NEEDED to lock &
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a.m.-3 p.m. 668-0447. EOE.

Union. All interviews Sunday Nov. 20th. For
more info call 763-3241.
WEEKEND DISHWASHER/Kitchen
cleaner. 16 hours. Free food & fun working
atmosphere. $6hr.G Call Dave at 936-2699 or
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WOMEN AGES 21-40 sought for taste
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Call Susan 747-0216.
WORK STUDY- Need car. Great $. Flex.
hrs. Int'l assoc./membership services asst.
Need some computer exp./typing skills will
train. Call 998-7832.

WANTED: U OF M basketball tickets.
Lower level seats, call 8101231-3035 after 7
p.m.
2
HERB DAVID GUITAR Studio 302 E.
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announcements

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A service of Tau Beta Pi Engineering Honor Society
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*Thursdays 7-9 pm
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Ends Dec. 2 at all locations
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