Treasury delays currency report: Statement from Alliance for American Manufacturing (AAM)

Posted by scapozzola on 10/14/2011

Alliance for American Manufacturing (AAM) statement on Treasury Department decision to delay publication of the semi-annual Report to Congress on International Economic and Exchange Rate Policies:

Said Alliance for American Manufacturing (AAM) Executive Director Scott Paul:

"Unfortunately, you can’t delay the truth.  And the truth is this, China manipulates its currency, which costs America good-paying jobs.

"I don’t know what’s worse, China’s continued currency manipulation, or the Administration’s apparent unwillingness to confront it.

"Every day means more American jobs sent overseas.  That's not a record I would be proud of.  I’m fed up.

"Speaker Boehner should allow a vote on the House currency bill.  Otherwise, he is denying the will of an overwhelming number of his own republican members."



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