The 102d Congress considered H.R. 5100, the Trade Expansion Act of 1992, an omnibus trade bill covering a wide range of issues. The bill became the legislative vehicle for a variety of pending trade bills. H.R. 5100 was reported by the House Ways and Means Committee on June 23, 1992, taken up by the House on July 8,1992, amended, and passed. However, the bill received no action in the Senate. H.R. 5100 included provisions pertaining to market access for various U.S.
The 103d Congress will debate the reauthorization of the Endangered Species Act (ESA) 2 which expired on October 1, 1992. The Act has recently generated controversy, even though it passed in 1973 with virtually no opposition. Much of the debate concerns specific actions that would jeopardize particular species or populations. However, the controversy has been fueled by the discrepancies between two sets of legal definitions and the subtle biological realities that they approximate
Congressional policymaking with respect to trade with Japan is driven by strong domestic interests, appeals to broad political principles, and numerous horror stories. The $43 billion U.S. trade deficit with Japan continues to be a focus of attention, but the deficit is an issue because it reflects aggressive competition between Japanese companies and U.S. industries.
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