Administration Right on Legislation

China is a big believer of the "tit-for-tat" global relationship approach so I'm glad to see this coming from the Administration.

In a letter to Senate Majority Leader Harry M. Reid (D-Nev.), three members of the Bush Cabinet -- the Treasury secretary, Commerce Secretary Carlos M. Gutierrez and U.S. Trade Representative Susan C. Schwab -- urged rejection of the Senate bills, calling them "the wrong approach." The bills "would substantially weaken the position of the United States in our ongoing efforts to achieve essential economic reforms in China and around the world," the letter said. "At a time when U.S. exports are growing globally, such legislation also exposes the United States to the risk of 'mirror legislation' abroad and could trigger a global cycle of protectionist legislation." Some analysts expect that this fall, as the election season heats up, one of these bills will gain approval, possibly by the two-thirds majority required to override a presidential veto.