New Congress lets expire a decades-old $2.4 billion pork program
Change! The House kills a decades-old $2.4 billion pork program. Key quote:
The Trade Adjustment Assistance program dates back to the Kennedy-era Trade Expansion Act of 1962 and was expanded under the 1974 Trade Act, signed into law by Gerald Ford. It was the kind of bipartisan program thought to be bulletproof. In the last session, it went from a small program, designed to aid workers displaced by foreign trade, to a huge $2.4 billion pork program providing laid-off workers with 156 weeks of “income support,” subsidies and even education.
Change! The House kills a decades-old $2.4 billion pork program. Key quote:
The Trade Adjustment Assistance program dates back to the Kennedy-era Trade Expansion Act of 1962 and was expanded under the 1974 Trade Act, signed into law by Gerald Ford. It was the kind of bipartisan program thought to be bulletproof. In the last session, it went from a small program, designed to aid workers displaced by foreign trade, to a huge $2.4 billion pork program providing laid-off workers with 156 weeks of “income support,” subsidies and even education.