HR 4405 · 109th Congress · Foreign Trade and International Finance

Balancing Trade Act of 2005

Introduced 2005-11-18· Sponsored by Rep. Kaptur, Marcy [D-OH-9]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-11-18)

Plain Language Summary

[AI summary unavailable — showing source text] Balancing Trade Act of 2005 - Requires the President, if in three consecutive calendar years the United States has a trade deficit with another country of $10 billion or more, to take the necessary steps to create a trading relationship that would eliminate or substantially reduce that trade deficit, by entering into an agreement with that country or otherwise.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

10 Democrats9 Republicans1 Independent
Rep. Costello, Jerry F. [D-IL-12]IL
Rep. DeFazio, Peter A. [D-OR-4]OR
Rep. Duncan, John J., Jr. [R-TN-2]TN
Rep. Everett, Terry [R-AL-2]AL
Rep. Gordon, Bart [D-TN-6]TN
Rep. Grijalva, Raúl M. [D-AZ-7]AZ
Rep. Hunter, Duncan [R-CA-52]CA
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Smith, Christopher H. [R-NJ-4]NJ
Rep. Taylor, Gene [D-MS-4]MS
Rep. Fattah, Chaka [D-PA-2]PA
Rep. Green, Gene [D-TX-29]TX
Rep. Boehlert, Sherwood [R-NY-24]NY
Rep. Coble, Howard [R-NC-6]NC
Rep. Capuano, Michael E. [D-MA-8]MA
Rep. Norwood, Charles W. [R-GA-9]GA
Rep. Kildee, Dale E. [D-MI-5]MI
Rep. Kucinich, Dennis J. [D-OH-10]OH
Rep. Bartlett, Roscoe G. [R-MD-6]MD
Rep. Sanders, Bernard [I-VT-At Large]VT