OABMA vs. MCCAIN on TRADE POLICY THAT STANDS UP FOR AMERICAN WORKERS

OBAMA
Obama Will Support Trade Agreements that Also Support American Jobs. Obama will support trade agreements that open markets for goods and services provided by our workers, but also include strong labor and environmental standards. He will amend NAFTA so that it works for American workers and stand firmly against agreements like CAFTA and the South Korean FTA that allow other countries to unfairly protect their markets from our exports.

End Tax Breaks for Companies that Send Jobs Overseas. Obama will eliminate our current tax incentives for companies to send their operations overseas, hide their profits in tax havens or move their headquarters abroad to avoid paying U.S. taxes. He would reward companies that are creating jobs and investing here at home.

MCCAIN
McCain Supported Trade Agreements Like NAFTA And CAFTA, But Opposed Increased Funding For Job Training Programs To Help Displaced Workers. McCain has been a strong supporter of trade agreements, such as NAFTA and CAFTA, and he voted for the China trade bill in 2000. While McCain has acknowledged that trade agreements have cost America jobs, he has opposed increased funding for job training programs to help these American workers adapt to the changing global economy. [Vote 395, HR 3450, 11/20/93; Vote 170, S.1307, 6/30/05; GOP Debate, 12/12/07; 2004 Senate Vote #80, 5/4/04; HR 3009, Vote 111, Senate amendment 3417, 5/15/02; S 143, Vote 482, 10/10/95]

McCain Has Supported Tax Breaks for Companies that Send Jobs Overseas. McCain has repeatedly voted against eliminating tax incentives encourage companies to send their operations overseas. [Vote 63, 3/17/05; Vote 83, 5/5/04; Vote 517, 10/26/95]