Trade Adjustment Assistance Opportunities To Improve The Community Adjustment And Investment Program Report To The Chairman And Ranking Minority Member Committee On Finance Us Senate

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Download or read book Trade Adjustment Assistance for Firms written by and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The agreement, struck by the Chairs and Ranking Members of the Senate Finance Committee and the House Ways and Means Committee, became part of the Conference Report on H. R. 1 (H. [...] The House agreed to the Conference Report on February 13, 2009 by a vote of 246 to 183, followed by the Senate the same day by a vote of 60 to 38. [...] Approval depends on EDA's finding that the adjustment proposal: (1) is reasonably calculated "to materially contribute" to the economic adjustment of the firm; (2) gives adequate consideration to the interests of the firm's workers; and (3) demonstrates that the firm will use its own resources for economic development (adjustment).5 EDA can provide technical assistance to a firm for preparation of [...] It highlights the inability of EDA to monitor and evaluate the performance of either firms assisted (after leaving the program) or the TAACs themselves. [...] A total of $350,000 of authorized funds is to be made available to fund full- time TAA for Firms positions, including the new position of Director of Adjustment Assistance Programs, • requiring a detailed annual report on the TAA for Firms program to be submitted to the House Ways and Means and Senate Finance Committees by December 15 immediately following the end of the fiscal year, and • creatin.