Labor and Trade
Congressman Pascrell has consistently been an advocate for the rights and priorities of working families. Throughout his tenure as a member of the U.S. House of Representatives, this son of a long-time railroad worker has distinguished himself as a leading voice for labor and America's working families.
At the beginning of the 110th Congress, Bill was recognized for his leadership on economic and trade issues by being named to the powerful House Ways and Means Committee. The Committee is the chief tax-writing committee in the House of Representatives and has jurisdiction over a number of issues critical to every American family including Social Security, Medicare, and all international trade agreements. Bill believes a strong economy is critical to the quality of life for all Americans and he has worked toward this principle as a member of the Ways and Means Committee. Chief among his concerns is the redistribution of wealth caused by misguided tax policies that have redirected wealth to the wealthiest 1% of Americans. Bill believes strongly in tax fairness and feels that the federal government needs to use its resources to invest in critical infrastructure improvements and lessening the financial burden on middle class Americans.
Bill was a strong supporter of one the first bills passed by the 110th Congress, H.R. 2, which finally increased the minimum wage for the first time in a decade. This overdue legislation increased the minimum wage from $5.15 to $7.25 an hour and gave up to 13 million Americans a much deserved pay raise. Bill was also an original cosponsor of H.R.1409, the "Employee Free Choice Act", which would restore workers' rights by removing obstacles that prevent workers from choosing whether or not they want to form or join a union. In addition, Bill has been a strident opponent of threats to federal labor standards, believing that all workers are entitled to achieve economic prosperity in safe conditions. Important to this belief is the continuation of regulations backed up by a strong Occupational Health and Safety Administration (OSHA) and a National Labor Relations Board (NLRB) with the tools to protect the right to organize.
Bill believes that the decline of American jobs is intimately tied to our nation's international trade policy. Representing a district whose economy is dependent on manufacturing, Bill is outspoken in his support of trade policies that recognize the need to export our quality American products instead of simply importing goods made abroad. He believes we need to be very cautious in conducting our trade policy and led efforts against Congressional approval of most-favored nation trade status for China in 2000, and fast-track trade negotiating authority in 1998 and 2002. These trade agreements, along with others such as NAFTA and CAFTA, encourage environmental exploitation and a global race toward the bottom for labor standards in sweatshops overseas and here at home. Bill has worked to create a new paradigm for international trade agreements that provide real labor and environmental protections.
Bill is also the author of the “Border Tax Equity Act”. This bipartisan legislation will boost ailing U.S. manufacturers throughout the nation. Domestic U.S. producers face a massive and unfair trade obstacle. Altogether, imports into the U.S. face average tariffs of 1.3% and no VAT penalty, whereas U.S. exports face average tariffs worldwide of about 40% plus VAT border adjustment penalties of 15.7%. In addition, foreign companies get a VAT rebate when they export to the U.S. averaging 15.7%. Thus, most imports to the U.S. are subsidized by foreign VAT rebates and all U.S. exports are not. The “Border Tax Equity Act” eliminates these inequities and levels the playing field for American manufacturers.
Bill's commitment to working families is consistent. He knows that support for working families means more than just voting correctly in Congress. Joining in solidarity with striking unions on dozens of occasions, Bill shows his support in all aspects of his service.
More on Labor and Trade
WASHINGTON, D.C. – Committee on Ways and Means Trade Subcommittee Ranking Member Bill Pascrell, Jr. (D-NJ), Reps. Sander Levin (D-MI), and Tim Ryan (D-OH) today sent a letter to President Trump today urging him to go beyond executive action and support legislation that would direct the Department of Commerce to treat currency manipulation as a countervailable subsidy.
WASHINGTON, D.C. – Today, U.S. Rep. Bill Pascrell, Jr. (D-NJ), Ranking Member of the Ways and Means Trade Subcommittee, joined a group of 45 Senate and House members in introducing a bill requiring the President to publicly disclose any financial interests that would be at stake before acting on trade matters. Senate Finance Committee Ranking Member Ron Wyden (D-OR) and House Ways and Means Committee Ranking Member Richard Neal (D-MA) led the bicameral Presidential Trade Transparency Act of 2017.
WASHINGTON, D.C. – In advance of President Trump’s meeting with Japanese Prime Minister Shinzo Abe, Reps. Bill Pascrell, Jr. (D-NJ), Sander Levin (D-MI), and Marcy Kaptur (D-OH) detailed the long-standing economic barriers put in place by Japan to block U.S. exports. Rep. Pascrell is the Ranking Member of the Ways and Means Trade Subcommittee. Rep. Kaptur is co-chair of the House Auto Caucus. She and Mr. Levin traveled to Japan in the mid-1980s to highlight the problems with U.S.-Japan trade.
WASHINGTON, D.C. – Today, U.S. Representative Bill Pascrell, Jr. (D-NJ), a member of the Ways and Means Committee, is calling on Ways and Means Chairman Kevin Brady (R-TX) to submit a formal request to the Secretary of the Treasury for President Trump’s tax returns for each of the past ten years.
WASHINGTON, DC – Ways and Means Committee Ranking Member Richard Neal (D-MA) and Trade Subcommittee Ranking Member Bill Pascrell, Jr. (D-NJ) today released the following statements after the Administration announced that the United States has withdrawn from the Trans-Pacific Partnership (TPP) trade agreement:
WASHINGTON, D.C. – Today, the House Ways and Means Committee named U.S. Representative Bill Pascrell, Jr. (D-NJ) Ranking Member of the Subcommittee on Trade.
PATERSON, NJ – U.S. Rep. Bill Pascrell, Jr. (D-NJ), a member of the House Budget Committee and Ways and Means Committee, released the following statement today after the Department of Labor announced that November’s job growth was strong with 178,000 jobs created and unemployment falling to just 4.6 percent. This followed news that GDP growth was also higher than expected at 3.2 percent in the third quarter of 2016.
WASHINGTON, D.C. – U.S. Representative Bill Pascrell, Jr. (D-NJ-09) announced a $1.1 million U.S. Department of Labor grant to the New Jersey Department of Labor & Workforce Development to improve services for dislocated workers in New Jersey. The Reemployment & Systems Integration National Dislocated Worker Grant aim to improve connectivity of integrated program information and data systems.
WASHINGTON, D.C. – Today, U.S. Representative Bill Pascrell, Jr. (D-NJ), a member of House Ways and Means Committee, and U.S. Representative Walter B. Jones (R-NC) introduced the bipartisan Border Tax Equity Act, which would mitigate the negative impact of border tax adjustments on U.S. exporters. The bill addresses disadvantages for American exporters – estimated to be $204 billion annually in trade with the European Union alone.
WASHINGTON, D.C. – Today by a vote of 415-1, the U.S. House of Representatives passed H.R. 5946, the United States Appreciation for Olympians and Paralympians Act, which includes an amendment from U.S Representative Bill Pascrell, Jr. (D-NJ-09), a member of the House Ways and Means Committee. This amendment would exclude millionaires from a proposed tax break for Olympic and Paralympic medal winners.