windfall for agricultural exports. the united states department of agriculture estimates that the korean agreement will increase annual exports to korea by a minimum of $9.1 billion upon full implementation. for u.s. beef exports, korean tariffs will be fazed out in 15 years. cotton will become permanent guaranteeing cotton producers will compete in korea on a level playing field with other cotton-producing nations. there is no doubt that all three pending free-trade agreements are good for agricultural producers in texas and in the united states. these agreements are also good for the united states service industry. i am proud to say that i serve on the house financial services committee. currently, u.s. financial services providers face challenges to doing business in all three nations with which we have pending free-trade agreements. the services industry in each nation is growing and with passage of this agreement, american financial services firms will have better acces
we cannot put america on the right track until we elect a republican president in 2012. and a republican senate to join the republican house in enacting those crucial policies. we will not have the policies that lead to economic growth, job creation, smaller government, lower taxes, less spending, rational regulations, and the stronger american presence in the world in every dimension until we had a republican president to lead for those right policies, the ones that will achieve the right results for america and the world. namaste, the reckless policies of the obama administration and the left-wing congress has brought has brought america to a crossroads. the congressional budget office informs that this year s deficit will hit a staggering record $ and the governmentr will have to borrow 40 cents for every dollar, much of it from the chinese government. my generation s children and grandchildren, that as many of you, will be handed the bill. a gargantuan debts for duty pa