IV
103D CONGRESS
2D SESSION
H. CON. RES. 284
Expressing the sense of the Congress with respect to funding for the Uruguay
Round of GATT negotiations.
IN THE HOUSE OF REPRESENTATIVES
AUGUST 17, 1994
Mr. DREIER (for himself, Mr. GINGRICH, Mr. ARMEY, Mr. ARCHER, Mr.
CRANE, Mr. KOLBE, Mr. ROBERTS, Mr. SAXTON, Mr. EWING, Ms. DUNN,
and Mr. KNOLLENBERG) submitted the following concurrent resolution
which was referred to the Committee on Ways and Means
CONCURRENT RESOLUTION
Expressing the sense of the Congress with respect to funding
for the Uruguay Round of GATT negotiations.
Whereas reducing trade barriers that block exports and im-
ports results in more trade, greater economic efficiency,
increased wealth, and higher living standards;
Whereas the trade agreements resulting from the Uruguay
Round of multilateral trade negotiations under the aus-
pices of the General Agreement on Tariffs and Trade
(hereafter referred to as ‘‘GATT’’), signed on April 15,
1994, in Marrakesh, Morocco by over 100 nations, are
the most comprehensive trade agreements in history;
•HCON 284 IH
Whereas GATT will reduce tariff levels globally by one-third
and reduce or eliminate many other nontariff barriers
and distortions to world trade in goods and services;
Whereas GATT, when fully implemented, should add as much
as $100,000,000,000 to $200,000,000,000 to the United
States gross domestic product annually; raise total
United States employment by hundreds of thousands of
jobs; save the average United States consumer hundreds
of dollars annually in lower costs of products; and boost
average labor productivity, real wages, and living stand-
ards in the United States and around the world;
Whereas the existence and importance of the dynamic gains
to the United States economy are widely accepted by
economists;
Whereas the implementation of GATT is estimated over 10
years to reduce United States tariff revenues by
$40,000,000,000, to reduce international tariff revenues
by an additional $704,000,000,000, to increase the
United 
States 
gross 
domestic 
product 
by
$500,000,000,000 to $1,100,000,000,000, and to in-
crease general revenues to the United States Treasury by
$108,000,000,000 to $216,000,000,000; and
Whereas the deficit control rules adopted by the Congress in
1990 require that Federal tariff revenue reductions which
are the result of lower tariff rates must be offset by reve-
nue increases or spending cuts in Federal programs,
without fully considering the positive revenue effect of the
growth caused by the agreement reducing the tariff lev-
els: Now, therefore, be it
Resolved by the House of Representatives (the Senate
concurring), That it is the sense of the Congress that—
•HCON 284 IH
(1) trade agreements which promote free trade
by reducing trade barriers are free in that they do
not exact a cost on United States taxpayers by re-
ducing net Federal revenues; and
(2) budget rules which inaccurately calculate
the revenue impact of trade agreements by ignoring
the United States growth caused by tariff changes in
other countries should not be applied to the GATT
implementing legislation in a way that requires in-
creased taxes or program reductions to ‘‘offset’’ ex-
pected tariff revenue reductions.
Æ