Today, Congressman Sires joined his colleagues in the House of Representatives in passing H.R. 2832, the Generalized System of Preferences/Trade Adjustment Assistance Act (TAA) by a vote of 307 - 122. This bill extends TAA programs, which provide assistance and benefits to support U.S. workers who lost their job due to the impacts of international trade, through December 31, 2013, and will be applied retroactively to February 12, 2011.
"Workers who lost their jobs through no fault of their own, will once again be able to reap the benefits of the TAA program," said Congressman Sires. "TAA programs provide health insurance assistance and vital retraining opportunities to give workers the skills necessary to become globally competitive."
Under this legislation, TAA programs will provide resources and support to displaced workers as well as small businesses, firms, and farmers. This legislation also includes the TAA expanded benefits from 2009, which covers service industry workers and workers whose jobs which had been shifted to China and India. Since this expansion of eligibility, it is estimated that 435,000 Americans and 4,744 New Jersey workers became certified under the new provisions.
"As displaced workers struggle in this economy, this long overdue legislation will provide much needed assistance," said Congressman Sires. "Extending the TAA program will assist hundreds of displaced New Jerseyans, and it is estimated that since 2009, a total of 6,329 New Jerseyans have been certified under all TAA provisions."