Ensuring Tax Exempt Organizations the Right to Appeal Act

Floor Speech

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Mrs. SHAHEEN. I appreciate the chairman's leadership on the trade promotion authority, TPA, legislation. As he has said, this bill creates the process by which the administration can negotiate trade agreements that have the potential to enhance trade opportunities for American businesses. The ability to reach new markets is critical for ensuring that American businesses can compete in a global marketplace.

Trade has become increasingly vital for small businesses looking to diversify and grow. And yet, even though 95 percent of the world's customers live overseas, less than 1 percent of small- and medium-sized businesses in the United States sell to global markets. By comparison, over 40 percent of large businesses sell their products overseas.

As ranking member of the Small Business Committee, one of my priorities is narrowing that gap. I believe that, as we consider expanding trade relationships, we must make sure that small businesses have a seat at the table and the support they need to reach global markets and compete internationally.

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